AirSculpt Technologies (NASDAQ:AIRS) Trading 2.6% Higher

AirSculpt Technologies, Inc. (NASDAQ:AIRS) shares shot up 2.6% on Monday . The company traded as high as $6.24 and last traded at $5.45. 399,670 shares traded hands during mid-day trading, an increase of 475% from the average session volume of 69,528 shares. The stock had previously closed at $5.31.

AirSculpt Technologies Trading Up 2.6 %

The stock has a market capitalization of $313.76 million, a P/E ratio of 272.50 and a beta of 1.58. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.79. The stock’s fifty day moving average price is $4.27 and its two-hundred day moving average price is $4.67.

AirSculpt Technologies (NASDAQ:AIRS) last issued its quarterly earnings data on Friday, August 9th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.07). AirSculpt Technologies had a positive return on equity of 6.42% and a negative net margin of 1.77%. The company had revenue of $51.00 million during the quarter, compared to the consensus estimate of $55.50 million. Equities research analysts forecast that AirSculpt Technologies, Inc. will post 0.15 EPS for the current year.

Institutional Trading of AirSculpt Technologies

A number of large investors have recently made changes to their positions in AIRS. Riverview Trust Co purchased a new position in shares of AirSculpt Technologies in the first quarter worth approximately $26,000. FourWorld Capital Management LLC purchased a new position in shares of AirSculpt Technologies in the first quarter worth $557,000. Vanguard Group Inc. lifted its holdings in shares of AirSculpt Technologies by 1.0% in the first quarter. Vanguard Group Inc. now owns 576,038 shares of the company’s stock worth $3,537,000 after buying an additional 5,606 shares in the last quarter. Finally, SW Investment Management LLC lifted its holdings in shares of AirSculpt Technologies by 6.9% in the fourth quarter. SW Investment Management LLC now owns 4,072,846 shares of the company’s stock worth $30,506,000 after buying an additional 261,680 shares in the last quarter. 91.54% of the stock is currently owned by institutional investors.

About AirSculpt Technologies

AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. The company offers AirSculpt, a next-generation body contouring procedure that removes unwanted fat and tightens skin in a minimally invasive procedure.