StockNews.com Initiates Coverage on Aethlon Medical (NASDAQ:AEMD)

Research analysts at StockNews.com initiated coverage on shares of Aethlon Medical (NASDAQ:AEMDGet Free Report) in a report released on Friday. The firm set a “sell” rating on the medical equipment provider’s stock.

Aethlon Medical Price Performance

AEMD opened at $0.40 on Friday. The company’s 50 day simple moving average is $0.40 and its 200-day simple moving average is $0.52. Aethlon Medical has a one year low of $0.24 and a one year high of $2.35.

Aethlon Medical (NASDAQ:AEMDGet Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The medical equipment provider reported ($0.34) EPS for the quarter, beating analysts’ consensus estimates of ($0.44) by $0.10. During the same period in the prior year, the business earned ($1.30) earnings per share. On average, equities analysts anticipate that Aethlon Medical will post -1.1 EPS for the current fiscal year.

Aethlon Medical Company Profile

(Get Free Report)

Aethlon Medical, Inc, a medical therapeutic company, focuses on developing products to treat cancer and life-threatening infectious diseases in the United States. It develops Hemopurifier, a clinical-stage immunotherapeutic device that removes tumor-derived exosomes and life-threatening viruses and use in organ transplantation.

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