StockNews.com started coverage on shares of Air T (NASDAQ:AIRT – Get Free Report) in a report issued on Saturday. The brokerage set a “hold” rating on the transportation company’s stock.
Air T Trading Up 2.1 %
Air T stock opened at $17.22 on Friday. The company has a debt-to-equity ratio of 15.79, a quick ratio of 1.09 and a current ratio of 1.90. Air T has a fifty-two week low of $14.85 and a fifty-two week high of $30.60. The stock has a market cap of $46.94 million, a P/E ratio of -61.50 and a beta of 0.74. The firm’s fifty day moving average price is $18.96 and its 200-day moving average price is $18.84.
Air T (NASDAQ:AIRT – Get Free Report) last posted its 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.
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