AeroGrow International (OTCMKTS:AERO) posted its earnings results on Tuesday. The company reported ($0.03) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. AeroGrow International had a negative net margin of 3.19% and a negative return on equity of 8.89%. The firm had revenue of $4.48 million during the quarter.
AERO stock traded up $0.02 during trading on Wednesday, hitting $1.20. The company had a trading volume of 765 shares, compared to its average volume of 9,836. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.76 and a quick ratio of 1.78. AeroGrow International has a 12 month low of $1.12 and a 12 month high of $3.40. The company has a 50-day simple moving average of $1.42.
Separately, ValuEngine upgraded shares of AeroGrow International from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st.
AeroGrow International, Inc engages in the development, marketing, direct-selling, and wholesale of indoor garden systems to consumers and retailers in the United States, Canada, and various countries in Europe. The company's principal products include indoor gardens and proprietary seed pod kits that allow consumers to grow vegetables, such as tomatoes, chili peppers, and salad greens; fresh herbs comprising cilantro, chives, basil, dill, oregano, and mint; and flowers, which comprise petunias, snapdragons, geraniums, and vinca.
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