AIM ImmunoTech (NYSEAMERICAN:AIM – Get Free Report) released its quarterly earnings results on Monday. The company reported ($1.57) EPS for the quarter, FiscalAI reports. AIM ImmunoTech had a negative net margin of 13,360.33% and a negative return on equity of 1,586.23%. The business had revenue of $0.03 million during the quarter.
AIM ImmunoTech Stock Down 7.6%
Shares of NYSEAMERICAN AIM opened at $1.33 on Wednesday. AIM ImmunoTech has a 52 week low of $1.31 and a 52 week high of $36.00. The business’s 50 day moving average price is $2.36 and its 200 day moving average price is $5.33. The firm has a market cap of $3.60 million, a P/E ratio of -0.05 and a beta of 1.03.
Hedge Funds Weigh In On AIM ImmunoTech
A hedge fund recently bought a new stake in AIM ImmunoTech stock. Sabby Management LLC purchased a new stake in shares of AIM ImmunoTech Inc. (NYSEAMERICAN:AIM – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 28,855 shares of the company’s stock, valued at approximately $79,000. AIM ImmunoTech makes up 0.1% of Sabby Management LLC’s portfolio, making the stock its 22nd biggest position. Sabby Management LLC owned 1.06% of AIM ImmunoTech at the end of the most recent reporting period. 12.02% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
About AIM ImmunoTech
AIM ImmunoTech Inc, an immuno-pharma company, focuses on the research and development of therapeutics to treat multiple types of cancers, viral diseases, and immune-deficiency disorders in the United States. The company's lead product candidate is Ampligen, a drug of macromolecular ribonucleic acid molecules for the treatment of chronic fatigue syndrome (CFS).
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