Aether (NASDAQ:ATHR) Stock Lifted to “Moderate Buy” by Ascendiant Capital Markets

Ascendiant Capital Markets upgraded shares of Aether (NASDAQ:ATHR) to a moderate buy rating in a research report report published on Monday morning,Zacks reports.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Aether in a report on Friday, September 25th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Aether presently has an average rating of “Hold” and a consensus target price of $10.00.

Aether Trading Down 1.3%

Shares of NASDAQ:ATHR opened at $3.12 on Monday. The stock’s 50-day moving average is $3.48 and its 200-day moving average is $3.50. Aether has a 52-week low of $1.87 and a 52-week high of $6.86. The company has a market cap of $38.19 million, a P/E ratio of -7.26 and a beta of 6.21. The company has a debt-to-equity ratio of 2.78, a quick ratio of 3.37 and a current ratio of 3.37.

Aether (NASDAQ:ATHR) last released its earnings results on Thursday, August 13th. The company reported ($0.11) EPS for the quarter, beating the consensus estimate of ($0.12) by $0.01. Aether had a negative net margin of 378.31% and a negative return on equity of 181.26%. The firm had revenue of $0.33 million during the quarter. Equities research analysts predict that Aether will post -0.4 earnings per share for the current year.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Aether stock. Axiom Investment Management LLC purchased a new position in shares of Aether Holdings, Inc. (NASDAQ:ATHR) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 33,135 shares of the company’s stock, valued at approximately $78,000. Axiom Investment Management LLC owned approximately 0.27% of Aether at the end of the most recent reporting period.

Aether Company Profile

We are an emerging financial technology platform company that offers proprietary research analytics, data and tools for both institutional and retail equity traders through our flagship platform, SentimenTrader.com. By integrating advanced technologies, including artificial intelligence (“AI”) tools, with the critical thinking and analytical abilities of our team of evidenced-based trading veterans, we aim to provide our Users with a powerful combination of technology and expertise, enabling them to make informed decisions to level-up their trading in the markets.