AeroClean Technologies Inc. (NASDAQ: AERC) kicked off on June 21, 2022, at the price of $18.06, down -8.57% from the previous trading day. During the day, the shares moved up to $20.40 and dropped to $16.4404 before settling in for the closing price of $18.32. Over the past 52 weeks, AERC has traded in a range of $1.76-$117.35.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free.
Sponsored
While this was happening, its average annual earnings per share was recorded -153.80%. With a float of $4.32 million, this company’s outstanding shares have now reached $13.88 million.
The firm has a total of 7 workers. Let’s measure their productivity.
AeroClean Technologies Inc. (AERC) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Pollution & Treatment Controls Industry. The insider ownership of AeroClean Technologies Inc. is 70.72%, while institutional ownership is 0.30%.
AeroClean Technologies Inc. (AERC) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 3/30/2022, the organization reported -$0.19 earnings per share (EPS), lower than consensus estimate (set at -$0.12) by -$0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -153.80% per share during the next fiscal year.
AeroClean Technologies Inc. (NASDAQ: AERC) Trading Performance Indicators
Take a look at AeroClean Technologies Inc.’s (AERC) current performance indicators. Last quarter, stock had a quick ratio of 14.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 364.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.53, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach 0.00 in one year’s time.
Technical Analysis of AeroClean Technologies Inc. (AERC)
Analysing the last 5-days average volume posted by the [AeroClean Technologies Inc., AERC], we can find that recorded value of 19.7 million was better than the volume posted last year of 4.46 million. As of the previous 9 days, the stock’s Stochastic %D was 66.85%. Additionally, its Average True Range was 3.37.
During the past 100 days, AeroClean Technologies Inc.’s (AERC) raw stochastic average was set at 68.32%, which indicates a significant increase from 67.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 517.75% in the past 14 days, which was higher than the 245.86% volatility it showed in the past 100 days.
Now, the first resistance to watch is $19.29. This is followed by the second major resistance level at $21.82. The third major resistance level sits at $23.25. If the price goes on to break the first support level at $15.33, it is likely to go to the next support level at $13.90. Should the price break the second support level, the third support level stands at $11.37.
AeroClean Technologies Inc. (NASDAQ: AERC) Key Stats
The company with the Market Capitalisation of 224.78 million has total of 13,878K Shares Outstanding. Its annual sales at the moment are 620 K in contrast with the sum of -7,920 K annual income. Company’s last quarter sales were recorded 10 K and last quarter income was -2,580 K.
