AeroGrow International (OTCMKTS:AERO) Stock Price Passes Below 50-Day Moving Average of $1.08

Shares of AeroGrow International, Inc. (OTCMKTS:AERO) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $1.08 and traded as low as $0.86. AeroGrow International shares last traded at $0.89, with a volume of 2,005 shares traded.

Separately, ValuEngine upgraded shares of AeroGrow International from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd.

The company has a quick ratio of 1.96, a current ratio of 4.13 and a debt-to-equity ratio of 0.12. The firm’s 50-day moving average is $1.06 and its two-hundred day moving average is $1.32.

AeroGrow International (OTCMKTS:AERO) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($0.03) earnings per share for the quarter. The company had revenue of $4.48 million during the quarter. AeroGrow International had a negative return on equity of 12.51% and a negative net margin of 4.33%.

About AeroGrow International (OTCMKTS:AERO)

AeroGrow International, Inc engages in the development, marketing, direct-selling, and wholesale of indoor garden systems to consumers and retailers in the United States, Canada, and various countries in Europe. The company's principal products include indoor gardens and proprietary seed pod kits that allow consumers to grow vegetables, such as tomatoes, chili peppers, and salad greens; fresh herbs comprising cilantro, chives, basil, dill, oregano, and mint; and flowers, which comprise petunias, snapdragons, geraniums, and vinca.

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