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

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

Air Industries Group Stock Performance

AIRI stock opened at $7.05 on Monday. The firm has a market cap of $23.41 million, a price-to-earnings ratio of -10.85 and a beta of 0.43. Air Industries Group has a twelve month low of $2.60 and a twelve month high of $7.60. The company has a quick ratio of 0.33, a current ratio of 1.46 and a debt-to-equity ratio of 0.48. The business’s fifty day simple moving average is $4.99 and its two-hundred day simple moving average is $3.98.

Air Industries Group (NYSE:AIRI) last released its quarterly earnings results on Monday, April 1st. The company reported $0.06 EPS for the quarter. Air Industries Group had a negative return on equity of 13.61% and a negative net margin of 4.14%. The company had revenue of $13.47 million during the quarter, compared to analysts’ expectations of $12.40 million. Analysts predict that Air Industries Group will post -0.29 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.