StockNews.com started coverage on shares of Air T (NASDAQ:AIRT – Free Report) in a report issued on Saturday morning. The brokerage issued a hold rating on the transportation company’s stock.
Air T Stock Performance
Shares of NASDAQ:AIRT opened at $16.90 on Friday. The firm has a 50 day moving average of $18.89 and a 200 day moving average of $18.75. The company has a quick ratio of 1.09, a current ratio of 1.90 and a debt-to-equity ratio of 15.79. The company has a market capitalization of $46.07 million, a price-to-earnings ratio of -60.35 and a beta of 0.74. Air T has a 52 week low of $14.85 and a 52 week high of $30.60.
Air T (NASDAQ:AIRT – Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The transportation company reported ($0.47) EPS for the quarter. Air T had a negative return on equity of 12.16% and a negative net margin of 0.27%.
Air T Company Profile
Air T, Inc, through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx.
Featured Articles
- Five stocks we like better than Air T
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- 3 Buyable Stocks With Solid Bottoms Ready to Rebound
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Advantage+ Shopping: Meta’s Fast Growing $20 Billion AI-Ads Star
- Basic Materials Stocks Investing
- Robotaxi News: What Tesla and Lyft Headlines Mean for Shares
Receive News & Ratings for Air T Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air T and related companies with MarketBeat.com's FREE daily email newsletter.
