Aether (NASDAQ:ATHR) Upgraded at Ascendiant Capital Markets

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

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

Aether Trading Up 0.6%

ATHR opened at $3.14 on Monday. 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 has a one year low of $1.87 and a one year high of $6.86. The company has a market cap of $38.43 million, a P/E ratio of -7.30 and a beta of 6.21. The business’s 50-day simple moving average is $3.47 and its 200-day simple moving average is $3.50.

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

Institutional Trading of Aether

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 first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 33,135 shares of the company’s stock, valued at approximately $78,000. Axiom Investment Management LLC owned about 0.27% of Aether as of its most recent SEC filing.

About Aether

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.