Will Aethlon Medical Inc (NASDAQ: AEMD) In 2024 Be Worth Your Money?

In the last trading session, 4.22 million Aethlon Medical Inc (NASDAQ:AEMD) shares changed hands as the company’s beta touched 1.73. With the company’s per share price at $0.41 changed hands at $0.09 or 26.75% during last session, the market valuation stood at $5.65M. AEMD’s last price was a discount, traded about -704.88% off its 52-week high of $3.30. The share price had its 52-week low at $0.24, which suggests the last value was 41.46% up since then. When we look at Aethlon Medical Inc’s average trading volume, we note the 10-day average is 1.32 million shares, with the 3-month average coming to 4.41 million.

Analysts gave the Aethlon Medical Inc (AEMD) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended AEMD as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.

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Aethlon Medical Inc (NASDAQ:AEMD) trade information

Instantly AEMD was in green as seen at the end of in last trading. With action 35.20%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -81.48%, with the 5-day performance at 35.20% in the green. However, in the 30-day time frame, Aethlon Medical Inc (NASDAQ:AEMD) is -2.64% down. Looking at the short shares, we see there were 0.28 million shares sold at short interest cover period of 0.29 days.

Aethlon Medical Inc (AEMD) estimates and forecasts

Data shows that the Aethlon Medical Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -75.27% over the past 6 months, a 76.75% in annual growth rate that is considerably higher than the industry average of 1.40%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 37.58%. The 2024 estimates are for Aethlon Medical Inc earnings to increase by 80.11%.

Aethlon Medical Inc (NASDAQ:AEMD)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 1.16% of Aethlon Medical Inc shares while 0.60% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 0.61%.