Aero Grow International Inc. (OTCMKTS:AERO) major shareholder E Jeffrey Peierls sold 8,273 shares of the company’s stock in a transaction that occurred on Wednesday, September 28th. The stock was sold at an average price of $4.08, for a total transaction of $33,753.84. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Aero Grow International Inc. (OTCMKTS:AERO) opened at 4.50 on Friday. The firm’s market capitalization is $38.58 million. The stock’s 50 day moving average is $3.46 and its 200-day moving average is $2.71. Aero Grow International Inc. has a 12 month low of $0.86 and a 12 month high of $5.85.
Aero Grow International (OTCMKTS:AERO) last issued its quarterly earnings results on Thursday, August 11th. The company reported ($0.20) earnings per share for the quarter. The company earned $2.16 million during the quarter, compared to analysts’ expectations of $1.57 million. Aero Grow International had a negative return on equity of 60.02% and a negative net margin of 4.78%. Equities analysts anticipate that Aero Grow International Inc. will post $105.00 earnings per share for the current fiscal year.
Aero Grow International Company Profile
AeroGrow International, Inc is a developer, marketer, direct-seller and wholesaler of indoor garden systems designed for consumer use in the gardening, cooking, healthy eating, and home and office decor markets. The Company offers multiple lines of indoor gardens, grow lights, nutrient formula, over 40 seed pod kits, and various cooking, gardening and decor accessories, in the United States and Canada, as well as selected countries in Europe, Asia and Australia.
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