Cordasco Financial Network Purchases Shares of 203,957 Aethlon Medical, Inc. (AEMD)

Cordasco Financial Network acquired a new stake in Aethlon Medical, Inc. (NASDAQ:AEMD) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 203,957 shares of the medical equipment provider’s stock, valued at approximately $230,000. Cordasco Financial Network owned approximately 1.35% of Aethlon Medical at the end of the most recent quarter.

Several equities analysts recently issued reports on the company. ValuEngine cut Aethlon Medical from a “sell” rating to a “strong sell” rating in a research report on Wednesday, October 11th. HC Wainwright assumed coverage on Aethlon Medical in a research report on Monday, November 20th. They issued a “buy” rating and a $3.00 price objective on the stock.

Aethlon Medical, Inc. (NASDAQ AEMD) opened at $1.40 on Friday. The stock has a market capitalization of $20.38, a P/E ratio of -1.94 and a beta of 2.10. Aethlon Medical, Inc. has a 12-month low of $0.79 and a 12-month high of $5.17. The company has a debt-to-equity ratio of 78.00, a current ratio of 2.97 and a quick ratio of 2.97.

Aethlon Medical (NASDAQ:AEMD) last released its quarterly earnings data on Thursday, November 2nd. The medical equipment provider reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.02. equities analysts anticipate that Aethlon Medical, Inc. will post -0.55 earnings per share for the current fiscal year.

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Aethlon Medical Company Profile

Aethlon Medical, Inc is a medical device company focused on creating devices for cancer, infectious disease and other life-threatening conditions. The Company operates through two segments: Aethlon, which represents its therapeutic business activities, and ESI, which represents its diagnostic business activities.

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