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

StockNews.com began coverage on shares of Aethlon Medical (NASDAQ:AEMDFree Report) in a research report sent to investors on Friday. The brokerage issued a sell rating on the medical equipment provider’s stock.

Aethlon Medical Trading Up 6.0 %

AEMD opened at $0.43 on Friday. The stock has a 50-day moving average price of $0.40 and a 200-day moving average price of $0.51. Aethlon Medical has a 12-month low of $0.24 and a 12-month high of $2.35.

Aethlon Medical (NASDAQ:AEMDGet Free Report) last issued its earnings results on Wednesday, August 14th. The medical equipment provider reported ($0.34) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.44) by $0.10. During the same period in the previous year, the business posted ($1.30) earnings per share. On average, research analysts anticipate that Aethlon Medical will post -1.1 earnings per share for the current fiscal year.

Aethlon Medical Company Profile

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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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