Air T, Inc. (NASDAQ:AIRT - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $18.74 and traded as high as $23.43. Air T shares last traded at $21.33, with a volume of 1,026 shares.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen started coverage on shares of Air T in a report on Friday, May 16th. They set a "hold" rating on the stock.
Read Our Latest Report on AIRT
Air T Stock Performance
The company's fifty day moving average price is $19.80 and its 200 day moving average price is $18.74. The company has a market cap of $57.64 million, a PE ratio of -9.56 and a beta of 0.71. 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 issued its earnings results on Friday, June 27th. The transportation company reported ($2.55) earnings per share for the quarter. Air T had a negative return on equity of 126.83% and a negative net margin of 2.10%. The business had revenue of $66.32 million for the quarter.
Air T Company Profile
(
Get Free Report)
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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