Applied UV (NASDAQ:AUVI) Releases Quarterly Earnings Results

Applied UV (NASDAQ:AUVI) posted its quarterly earnings results on Friday. The company reported ($0.32) earnings per share for the quarter, reports. Applied UV had a negative return on equity of 61.30% and a negative net margin of 60.45%. The business had revenue of $11.45 million during the quarter.

Applied UV Stock Up 2.1 %

AUVI stock opened at $0.15 on Monday. Applied UV has a 1-year low of $0.14 and a 1-year high of $9.70. The business has a fifty day moving average price of $0.30 and a 200-day moving average price of $1.00. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.55 and a quick ratio of 0.35. The stock has a market capitalization of $1.32 million, a P/E ratio of -0.02 and a beta of -0.95.

Institutional Trading of Applied UV

A number of hedge funds have recently bought and sold shares of the company. Virtu Financial LLC purchased a new stake in Applied UV during the second quarter valued at $37,000. State Street Corp increased its position in Applied UV by 111.6% during the third quarter. State Street Corp now owns 27,684 shares of the company’s stock valued at $38,000 after acquiring an additional 14,600 shares during the last quarter. Millennium Management LLC purchased a new stake in Applied UV during the second quarter valued at $26,000. Northern Trust Corp purchased a new stake in Applied UV in the second quarter worth about $27,000. Finally, Renaissance Technologies LLC increased its position in Applied UV by 426.7% in the first quarter. Renaissance Technologies LLC now owns 70,831 shares of the company’s stock worth $106,000 after buying an additional 57,384 shares in the last quarter.

Applied UV Company Profile

Applied UV, Inc, through its subsidiaries, develops, acquires, markets, and sells proprietary surface and air disinfection technology. The company operates through Disinfection and Hospitality segments. It also manufactures fine mirrors and custom furniture. The company's products are used in healthcare, hospitality, food preservation, education, winery, and retail industries.