Air Industries Group (NYSE:AIRI) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of Air Industries Group (NYSE:AIRI) in a research note published on Tuesday. The firm issued a hold rating on the stock.

Air Industries Group Stock Performance

Air Industries Group stock opened at $6.26 on Tuesday. The company has a current ratio of 1.46, a quick ratio of 0.33 and a debt-to-equity ratio of 0.53. The stock has a 50 day moving average of $4.33 and a 200-day moving average of $4.54. The stock has a market cap of $20.81 million, a P/E ratio of -9.34 and a beta of 0.31. Air Industries Group has a 52 week low of $2.60 and a 52 week high of $9.44.

Air Industries Group (NYSE:AIRI) last announced its quarterly earnings data on Wednesday, August 14th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of ($0.21) by $0.30. The company had revenue of $13.57 million during the quarter, compared to analyst estimates of $12.00 million. Air Industries Group had a negative net margin of 2.86% and a negative return on equity of 10.24%. On average, analysts expect that Air Industries Group will post -0.05 EPS 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.