AeroClean Technologies, Inc. (AERC)

NASDAQ: AERC · IEX Real-Time Price · USD
3.38
+0.12 (3.68%)
At close: Nov 25, 2022 1:00 PM
3.30
-0.08 (-2.37%)
After-hours: Nov 25, 2022 4:52 PM EST
3.68%
Market Cap 50.52M
Revenue (ttm) 413,597
Net Income (ttm) -2.84M
Shares Out 15.38M
EPS (ttm) -0.70
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 86,287
Open 3.36
Previous Close 3.26
Day's Range 3.24 - 3.44
52-Week Range 1.76 - 117.35
Beta n/a
Analysts Buy
Price Target 7.14 (+111.2%)
Earnings Date Nov 15, 2022

About AERC

AeroClean Technologies, Inc., an interior space air purification technology company, provides air purification solutions for hospitals and other healthcare facilities. It offers interior air sterilization and disinfection products for the eradication of harmful airborne pathogens, including COVID-19. It provides Purgo, an air filtration machine; and Purgo Lift, an air purification solution for elevators and other wall-mount applications. The company was formerly known as AeroClean Technologies, LLC. AeroClean Technologies, Inc. was founded in 2... [Read more]

Industry Pollution & Treatment Controls
IPO Date Nov 24, 2021
Employees 7
Stock Exchange NASDAQ
Ticker Symbol AERC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for AERC stock is "Buy." The 12-month stock price forecast is 7.14, which is an increase of 111.24% from the latest price.

Price Target
$7.14
(111.24% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AeroClean Reports Third Quarter 2022 Financial Results

PALM BEACH GARDENS, Fla., Nov. 14, 2022 (GLOBE NEWSWIRE) -- AeroClean Technologies (“AeroClean” or the “Company”) (Nasdaq: AERC), a leading air hygiene technology company, today reported financial resul...

1 week ago - GlobeNewsWire

EQUITY ALERT: The M&A Class Action Firm Announces the Investigation of AeroClean Technologies, Inc. - AERC

NEW YORK , Oct. 5, 2022 /PRNewswire/ -- Juan Monteverde , founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated...

1 month ago - PRNewsWire

SHAREHOLDER ALERT: Weiss Law Investigates AeroClean Technologies, Inc.

NEW YORK , Oct. 4, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of AeroClean Technologies, Inc. ("AeroClean" ...

1 month ago - PRNewsWire

Why Is AeroClean (AERC) Stock Up 37% Today?

Source: Shutterstock.com AeroClean (NASDAQ: AERC ) stock is gaining on Tuesday after the company revealed merger plans with Molekule to create a major player in the air purification market. AeroClean an...

1 month ago - InvestorPlace

AeroClean Reports Second Quarter 2022 Financial Results

Company Validates Pūrgo Effectiveness Against Omicron Variant Company Validates Pūrgo Effectiveness Against Omicron Variant

3 months ago - GlobeNewsWire

Applied UV Files Trademark Infringement Lawsuit Against Aeroclean Technologies

MOUNT VERNON, N.Y.--(BUSINESS WIRE)--Applied UV, Inc. (NasdaqCM: AUVI) (“Applied UV” or the “Company”), a pathogen elimination technology company that applies the power of narrow-range ultraviolet light...

3 months ago - Business Wire

AeroClean Technologies Proven to Eliminate the Active Omicron Variant of SARS-CoV-2 in the Air

Independent Laboratory Testing Proves The AeroClean Pūrgo™ Unit Shows 99.998% Efficacy Against The Highly Transmissible Omicron Variant Of The Virus That Causes Covid-19

3 months ago - GlobeNewsWire

AeroClean Stock Spiked Today: Here's Why

AeroClean Technologies Inc (NASDAQ: AERC) shares are surging Tuesday afternoon after the company was granted a U.S. Patent titled "Air treatment system and method."

3 months ago - Benzinga

MICS, AERC: 5 Top Short Squeeze Stocks to Watch

With a new week comes all of the latest short-squeeze stocks that investors are going to want to keep an eye on and we've got a list to help! The post MICS, AERC: 5 Top Short Squeeze Stocks to Watch app...

Other symbols: MICSAUVIBHATPEI
4 months ago - InvestorPlace

AeroClean Technologies, Inc. Announces Closing of $15.0 Million Private Placement

PALM BEACH GARDENS, Fla., June 29, 2022 (GLOBE NEWSWIRE) -- AeroClean Technologies, Inc. (“AeroClean” or the “Company”) (Nasdaq: AERC), announced today the closing of its previously-announced $15.0 mill...

4 months ago - GlobeNewsWire

AeroClean Technologies, Inc. Announces $15.0 Million Private Placement

PALM BEACH GARDENS, Fla., June 27, 2022 (GLOBE NEWSWIRE) -- AeroClean Technologies, Inc. (“AeroClean” or the “Company”) (Nasdaq: AERC), announced today that it has entered into a securities purchase agr...

4 months ago - GlobeNewsWire

Traders News Source Editor, Mark Roberts Interviews Jason DiBona CEO AeroClean Technologies, Inc.

NEW YORK, NY / ACCESSWIRE / June 22, 2022 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid cap publicly traded companies recently issued a ...

5 months ago - Accesswire

Benchmark Downgrades AeroClean After Share Price Rallies

Benchmark analyst Robert Wasserman downgraded AeroClean Technologies Inc (NASDAQ: AERC) to Hold from Buy, without a price target. The analyst notes that despite a poor overall market outlook, the compan...

5 months ago - Benzinga

Why AeroClean Technologies Stock Is Soaring

AeroClean Technologies Inc (NASDAQ: AERC) shares are trading significantly higher Tuesday on continued momentum after the U.S. Food and Drug Administration granted clearance for the company's Pūrgo tech...

5 months ago - Benzinga

AERC Stock Is in the Spotlight After AeroClean Receives FDA Clearance

Yesterday, the FDA designated AeroClean's air purification system as a "Class II Medical Device," this sent AERC stock soaring. The post AERC Stock Is in the Spotlight After AeroClean Receives FDA Clear...

5 months ago - InvestorPlace

Why AeroClean Shares Are Jumping Today

AeroClean Technologies Inc's (NASDAQ: AERC) Pūrgo technology has secured U.S. FDA 510(k) clearance, classifying it as a Class II Medical Device. The clearance was granted following examination of the pa...

5 months ago - Benzinga

AeroClean Receives FDA Clearance For Pūrgo™ Medical Grade Air Hygiene Technology

FDA Clearance Provided After Review Of Patented Germicidal UV-C LED Air Purification Technology Proven Effective At Eliminating Harmful Airborne Microorganisms FDA Clearance Provided After Review Of Pat...

5 months ago - GlobeNewsWire

AeroClean Provides Resources To Support Government Push for Cleaner, Safer Indoor Air

The Experts In Medical-Grade Air Purification Systems, AeroClean Offer Expertise And Actionable Next Steps For Addressing Indoor Air Quality And Improving Overall Preparedness Against The Effects Of Fut...

6 months ago - GlobeNewsWire

AeroClean Announces Appointment of Timothy J. Scannell to Board of Directors

PALM BEACH GARDENS, Fla., May 12, 2022 (GLOBE NEWSWIRE) -- AeroClean Technologies (“AeroClean” or the “Company”) (Nasdaq: AERC), a pathogen elimination technology company harnessing patented UV-C LED te...

6 months ago - GlobeNewsWire

AeroClean Reports First Quarter 2022 Financial Results

PALM BEACH GARDENS, Fla., May 12, 2022 (GLOBE NEWSWIRE) -- AeroClean Technologies (“AeroClean” or the “Company”) (Nasdaq: AERC), a pathogen elimination technology company harnessing patented UV-C LED te...

6 months ago - GlobeNewsWire

AeroClean Reports Fourth Quarter and Full Year 2021 Financial Results

Revenues increased 35.9% to $355,212 as compared to $261,299 in the previous quarter Revenues increased 35.9% to $355,212 as compared to $261,299 in the previous quarter

7 months ago - GlobeNewsWire

AeroClean Installs Pūrgo™ Air Sanitization Solutions at City of Palm Beach Gardens Facilities

PALM BEACH GARDENS, Fla., March 23, 2022 (GLOBE NEWSWIRE) -- AeroClean Technologies (Nasdaq: AERC) today announced the installation of Pūrgo™ air purification and sanitization devices at the City of Pal...

8 months ago - GlobeNewsWire

AEROCLEAN TECHNOLOGIES AIR PURIFICATION SYSTEM TO BE INSTALLED AT HOSPITAL FOR SPECIAL SURGERY IN NEW YORK

PALM BEACH GARDENS, Fla., Feb. 16, 2022 /PRNewswire/ - Today, AeroClean Technologies ("AeroClean") (Nasdaq: AERC) announced Hospital for Special Surgery ("HSS") in New York will install Pūrgo™ air purif...

9 months ago - PRNewsWire

AeroClean to Demonstrate Safe Air Technology at AHR Expo 2022

PALM BEACH GARDENS, Fla., Jan. 19, 2022 (GLOBE NEWSWIRE) -- AeroClean Technologies (Nasdaq: AERC) will attend the 2022 International Air-Conditioning, Heating and Refrigerating ("AHR") Expo, taking plac...

10 months ago - GlobeNewsWire