Aeries Technology (NASDAQ:AERT) Announces Earnings Results

Aeries Technology (NASDAQ:AERT) issued its earnings results on Friday. The company reported $0.07 earnings per share (EPS) for the quarter, Zacks reports. Aeries Technology had a negative return on equity of 3.80% and a negative net margin of 3.60%. The business had revenue of $17.61 million during the quarter.

Aeries Technology Stock Performance

Aeries Technology stock opened at $0.54 on Friday. The business has a 50 day moving average of $0.75 and a 200-day moving average of $1.47. The company has a market capitalization of $23.99 million, a P/E ratio of 1.15 and a beta of -0.69. Aeries Technology has a 1 year low of $0.51 and a 1 year high of $2.93. The company has a debt-to-equity ratio of 9.01, a current ratio of 0.75 and a quick ratio of 0.75.

Aeries Technology Company Profile

Aeries Technology, Inc operates as a professional services and consulting partner in the North America, Asia Pacific, and internationally. The company offers management consultancy services for private equity sponsors and their portfolio companies, including software solutions, product management, IT infrastructure, information and cyber security, ERP and CRM platform management, business process management, and digital transformation services.