Montana Technologies (AIRJ) Projected to Post Quarterly Earnings on Wednesday

Montana Technologies (NASDAQ:AIRJ) will likely be announcing its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter.

Montana Technologies Trading Up 1.0 %

NASDAQ AIRJ opened at $8.12 on Friday. The business’s 50 day moving average is $8.58 and its two-hundred day moving average is $7.42. Montana Technologies has a 12-month low of $4.94 and a 12-month high of $49.11.

Institutional Investors Weigh In On Montana Technologies

An institutional investor recently raised its position in Montana Technologies stock. Bank of America Corp DE boosted its stake in Montana Technologies Co. (NASDAQ:AIRJ) by 8,851.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,189 shares of the company’s stock after buying an additional 11,064 shares during the quarter. Bank of America Corp DE’s holdings in Montana Technologies were worth $89,000 as of its most recent filing with the SEC. Institutional investors own 63.65% of the company’s stock.

Wall Street Analyst Weigh In

Separately, HC Wainwright started coverage on Montana Technologies in a research report on Friday, December 20th. They set a “buy” rating and a $12.00 target price on the stock.

Montana Technologies Company Profile

Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.