Air Industries Group (NYSE:AIRI) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Air Industries Group (NYSE:AIRI) in a report released on Monday morning. The firm issued a hold rating on the stock.

Air Industries Group Price Performance

AIRI stock opened at $6.01 on Monday. The firm has a market cap of $19.98 million, a P/E ratio of -8.97 and a beta of 0.25. The firm’s fifty day moving average is $4.06 and its 200 day moving average is $4.49. Air Industries Group has a 52 week low of $2.60 and a 52 week high of $9.44. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.33 and a current ratio of 1.46.

Air Industries Group (NYSE:AIRI) last issued its earnings results on Wednesday, August 14th. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of ($0.21) by $0.30. The company had revenue of $13.57 million for the quarter, compared to analysts’ expectations of $12.00 million. Air Industries Group had a negative net margin of 2.86% and a negative return on equity of 10.24%. Research analysts predict that Air Industries Group will post -0.05 earnings per share for the current 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.