Analysts at StockNews.com started coverage on shares of Air Industries Group (NYSE:AIRI – Get Free Report) in a report issued on Wednesday. The firm set a “hold” rating on the stock.
Air Industries Group Stock Down 6.0 %
Shares of Air Industries Group stock opened at $6.06 on Wednesday. Air Industries Group has a 1 year low of $2.60 and a 1 year high of $9.44. The firm has a market cap of $20.15 million, a price-to-earnings ratio of -9.04 and a beta of 0.32. The company has a 50-day moving average of $4.54 and a 200 day moving average of $4.58. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.46 and a quick ratio of 0.33.
Air Industries Group (NYSE:AIRI – Get Free Report) last announced its earnings results on Wednesday, August 14th. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.30. Air Industries Group had a negative net margin of 2.86% and a negative return on equity of 10.24%. The business had revenue of $13.57 million during the quarter, compared to the consensus estimate of $12.00 million. As a group, sell-side analysts anticipate that Air Industries Group will post -0.05 earnings per share for the current fiscal year.
About Air Industries Group
Air Industries Group, together with its subsidiaries, engages in the design, manufacture, and sale of precision components and assemblies for defense and commercial aerospace industry in the United States. It offers actuators, arresting gears, aerostructures, aircraft structures, chaff pod assemblies, machining and milling solutions, cylinders, drag beams and braces, flight controls, flight safety critical components, integrated assemblies, landing gears, large diameter turn-mills, submarine valves, thrust struts, engine mounts, and turbine engine components and weldments for aircraft jet engines, ground turbines, and other complex machines.
Read More
- Five stocks we like better than Air Industries Group
- What is the Shanghai Stock Exchange Composite Index?
- Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion?
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge
- How to Start Investing in Real Estate
- Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker
Receive News & Ratings for Air Industries Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air Industries Group and related companies with MarketBeat.com's FREE daily email newsletter.