Air T, Inc. (NASDAQ:AIRT - Get Free Report)'s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $21.55 and traded as low as $20.98. Air T shares last traded at $20.98, with a volume of 492 shares traded.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Air T in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of "Sell".
Get Our Latest Stock Report on AIRT
Air T Price Performance
The stock has a market cap of $56.65 million, a P/E ratio of -8.53 and a beta of 0.35. The firm's fifty day moving average price is $22.19 and its two-hundred day moving average price is $21.55.
Air T (NASDAQ:AIRT - Get Free Report) last released its quarterly earnings results on Friday, February 13th. The transportation company reported ($0.91) earnings per share for the quarter. The firm had revenue of $71.13 million during the quarter. Air T had a negative return on equity of 1,441.13% and a negative net margin of 2.48%.
About Air T
(
Get Free Report)
Air T, Inc NASDAQ: AIRT is a U.S.-based telecommunications company specializing in prepaid and pay-as-you-go voice and data services. Headquartered in Boca Raton, Florida, Air T offers a mix of retail and wholesale solutions designed to connect end users and enterprise customers across domestic and international markets. The company's product portfolio includes prepaid wireless plans, long-distance calling services, roaming arrangements, calling cards and VoIP solutions.
Through proprietary networks and strategic partnerships with major carriers, Air T provides voice and data connectivity under subscription-free and subscription-based models.
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