Montana Technologies (AIRJ) to Release Earnings on Wednesday

Montana Technologies (NASDAQ:AIRJ) is projected to release its earnings data before the market opens on Wednesday, February 26th. Analysts expect Montana Technologies to post earnings of ($0.07) per share for the quarter.

Montana Technologies Stock Performance

AIRJ opened at $7.97 on Tuesday. The business’s 50-day simple moving average is $8.48 and its 200-day simple moving average is $7.38. Montana Technologies has a one year low of $4.94 and a one year high of $49.11.

Analysts Set New Price Targets

Several research firms have commented on AIRJ. HC Wainwright began coverage on Montana Technologies in a research note on Friday, December 20th. They set a “buy” rating and a $12.00 price objective for the company. Alliance Global Partners assumed coverage on Montana Technologies in a research note on Monday. They set a “buy” rating and a $11.00 target price for the company.

Hedge Funds Weigh In On Montana Technologies

An institutional investor recently raised its position in Montana Technologies stock. Bank of America Corp DE increased its position in Montana Technologies Co. (NASDAQ:AIRJ) by 8,851.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,189 shares of the company’s stock after acquiring an additional 11,064 shares during the period. Bank of America Corp DE’s holdings in Montana Technologies were worth $89,000 as of its most recent SEC filing. 63.65% of the stock is currently owned by institutional investors.

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.