Aeries Technology, Inc. (NASDAQ:AERT – Get Free Report) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 134,011 shares, a growth of 96.6% from the February 26th total of 68,164 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily volume of 1,929,645 shares, the days-to-cover ratio is currently 0.1 days.
Aeries Technology Stock Down 0.0%
Shares of AERT opened at $0.31 on Thursday. Aeries Technology has a 12-month low of $0.26 and a 12-month high of $1.52. The business’s fifty day moving average is $0.43 and its 200 day moving average is $0.55. The stock has a market cap of $15.31 million, a P/E ratio of -4.36 and a beta of -0.29.
Aeries Technology (NASDAQ:AERT – Get Free Report) last announced its quarterly earnings results on Monday, February 9th. The company reported $0.02 EPS for the quarter. The business had revenue of $17.46 million for the quarter.
Institutional Investors Weigh In On Aeries Technology
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Aeries Technology in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Aeries Technology has an average rating of “Sell”.
Check Out Our Latest Analysis on AERT
About Aeries Technology
Aeries Technology, Inc operates as a professional services and consulting partner in the North America, Asia Pacific, and internationally. The company offers management consultancy services for private equity sponsors and their portfolio companies, including software solutions, product management, IT infrastructure, information and cyber security, ERP and CRM platform management, business process management, and digital transformation services. The company was founded in 2012 and is headquartered in Singapore.
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