Shares of Air T, Inc. (NASDAQ:AIRT - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $19.78 and traded as high as $23.70. Air T shares last traded at $23.70, with a volume of 1,510 shares.
Air T Stock Performance
The business has a 50-day moving average price of $23.11 and a 200-day moving average price of $19.84. The firm has a market capitalization of $69.28 million, a price-to-earnings ratio of -9.42 and a beta of 0.78. The company has a quick ratio of 1.08, a current ratio of 1.89 and a debt-to-equity ratio of 15.79.
Air T (NASDAQ:AIRT - Get Free Report) last issued its quarterly earnings results on Wednesday, August 13th. The transportation company reported ($0.61) earnings per share (EPS) for the quarter. Air T had a negative return on equity of 263.91% and a negative net margin of 2.51%.
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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