Air T, Inc. (NASDAQ:AIRT - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $18.64 and traded as high as $21.90. Air T shares last traded at $21.02, with a volume of 3,132 shares traded.
Analyst Ratings Changes
Separately, Wall Street Zen assumed coverage on Air T in a research report on Friday, May 16th. They set a "hold" rating for the company.
Read Our Latest Report on AIRT
Air T Stock Performance
The firm has a market capitalization of $58.97 million, a P/E ratio of -9.79 and a beta of 0.71. The firm has a 50-day moving average price of $18.84 and a two-hundred day moving average price of $18.64. The company has a debt-to-equity ratio of 15.79, a current ratio of 1.65 and a quick ratio of 0.84.
Air T (NASDAQ:AIRT - Get Free Report) last released its earnings results on Friday, June 27th. The transportation company reported ($2.55) earnings per share for the quarter. The business had revenue of $66.32 million for the quarter. Air T had a negative return on equity of 126.83% and a negative net margin of 2.10%.
Air T Company Profile
(
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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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