Australian Oilseeds’ (COOT) Sell (D-) Rating Reiterated at Weiss Ratings

Weiss Ratings reaffirmed their sell (d-) rating on shares of Australian Oilseeds (NASDAQ:COOT) in a research report released on Tuesday,Weiss Ratings reports.

Australian Oilseeds Stock Performance

Shares of Australian Oilseeds stock opened at $2.20 on Tuesday. The firm has a fifty day moving average of $0.67 and a two-hundred day moving average of $0.72. The stock has a market capitalization of $61.38 million, a price-to-earnings ratio of -55.00 and a beta of -0.11. Australian Oilseeds has a 52 week low of $0.45 and a 52 week high of $4.50. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.34 and a current ratio of 0.54.

Australian Oilseeds (NASDAQ:COOT) last issued its earnings results on Tuesday, September 30th. The company reported $0.01 EPS for the quarter. The company had revenue of $7.39 million during the quarter. Australian Oilseeds had a negative net margin of 2.98% and a negative return on equity of 102.42%.

Hedge Funds Weigh In On Australian Oilseeds

An institutional investor recently bought a new position in Australian Oilseeds stock. HighTower Advisors LLC purchased a new stake in Australian Oilseeds Holdings Limited (NASDAQ:COOT) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 244,872 shares of the company’s stock, valued at approximately $313,000. HighTower Advisors LLC owned 1.05% of Australian Oilseeds as of its most recent SEC filing. Institutional investors and hedge funds own 12.95% of the company’s stock.

Australian Oilseeds Company Profile

Australian Oilseeds Holdings Ltd. engages in the manufacture and sale oil seeds through its subsidiaries. It focuses on acquiring, engaging in a share exchange, share reconstruction, and amalgamation with, purchasing all or substantially all the assets of, entering contractual arrangements with, or engaging in any other similar business combination with one or more businesses or entities.