Shares of Aeries Technology, Inc. (NASDAQ:AERT – Get Free Report) were up 1.6% during mid-day trading on Friday . The company traded as high as $0.66 and last traded at $0.6451. Approximately 124,735 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 277,079 shares. The stock had previously closed at $0.6350.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings upgraded shares of Aeries Technology from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Aeries Technology has a consensus rating of “Sell”.
Check Out Our Latest Research Report on AERT
Aeries Technology Stock Up 1.6%
Aeries Technology (NASDAQ:AERT – Get Free Report) last announced its quarterly earnings results on Monday, February 9th. The company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $17.46 million for the quarter.
Hedge Funds Weigh In On Aeries Technology
A hedge fund recently bought a new stake in Aeries Technology stock. Virtu Financial LLC acquired a new position in shares of Aeries Technology, Inc. (NASDAQ:AERT – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 49,890 shares of the company’s stock, valued at approximately $33,000. Virtu Financial LLC owned approximately 0.11% of Aeries Technology at the end of the most recent reporting period. Hedge funds and other institutional investors own 99.15% of the company’s stock.
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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