AeroClean Technologies (AERC) Stock Price, News & Analysis

Company Overview

AeroClean Technologies, Inc., an interior space air purification technology company, provides air purification solutions for hospitals and other healthcare facilities. It offers interior air sterilization and disinfection products for the eradication of harmful airborne pathogens, including COVID-19. It provides Purgo, an air filtration machine; and Purgo Lift, an air purification solution for elevators and other wall-mount applications. The company was formerly known as AeroClean Technologies, LLC. AeroClean Technologies, Inc. was founded in 2011 and is headquartered in Palm Beach Gardens, Florida.

Key Stats

• Today's Range: N/A
• 50-Day Range: N/A
• 52-Week Range: N/A
• Volume: 63,600 shs
• Average Volume: 89,800 shs
• Market Capitalization: $52.69 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

AERC Stock Analysis - Frequently Asked Questions

How will AeroClean Technologies' stock buyback program work?

AeroClean Technologies' board authorized a stock buyback plan on Wednesday, April 30th 2025, which authorizes the company to buy back $500,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 949% of its shares through open market purchases. Shares buyback plans are often a sign that the company's leadership believes its stock is undervalued.

When did AeroClean Technologies IPO?

AeroClean Technologies (AERC) raised $28 million in an IPO on Wednesday, November 24th 2021. The company issued 2,500,000 shares at a price of $10.00-$12.00 per share.

What other stocks do shareholders of AeroClean Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AeroClean Technologies investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), AST SpaceMobile (ASTS), NIO (NIO), Phunware (PHUN) and Bakkt (BKKT).

Company Calendar

• Today: 5/03/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Blowers & fans
• Sub-Industry: N/A
• Current Symbol: NASDAQ:AERC
• CIK: 1872356
• Web: www.aeroclean.com
• Phone: N/A
• Fax: N/A
• Employees: 5
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.28)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-7,920,000.00
• Net Margins: -578.61%
• Pretax Margin: -730.75%
• Return on Equity: -48.08%
• Return on Assets: -36.35%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 10.20
• Quick Ratio: 9.71

Sales & Book Value

• Annual Sales: $491,249.00
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.56 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 15,497,000
• Free Float: 7,625,000
• Market Cap: $52.69 million
• Optionable: Not Optionable
• Beta: -7.19