Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report) was up 6.8% on Monday . The company traded as high as $2.25 and last traded at $2.21. Approximately 489,862 shares changed hands during trading, an increase of 18% from the average daily volume of 415,851 shares. The stock had previously closed at $2.07.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of Airship AI in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of "Sell" and an average price target of $8.00.
Check Out Our Latest Research Report on AISP
Airship AI Price Performance
The business's 50-day moving average price is $2.49 and its two-hundred day moving average price is $3.44. The company has a market capitalization of $75.96 million, a P/E ratio of 3.56 and a beta of 0.47.
Airship AI (NASDAQ:AISP - Get Free Report) last announced its quarterly earnings results on Tuesday, February 17th. The company reported ($0.01) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.01). The firm had revenue of $6.49 million for the quarter, compared to the consensus estimate of $6.40 million. Research analysts expect that Airship AI Holdings, Inc. will post 1.71 earnings per share for the current fiscal year.
Insider Activity at Airship AI
In related news, CEO Victor Huang acquired 40,000 shares of the company's stock in a transaction that occurred on Friday, March 20th. The shares were acquired at an average cost of $2.24 per share, for a total transaction of $89,600.00. Following the completion of the acquisition, the chief executive officer directly owned 4,012,567 shares in the company, valued at approximately $8,988,150.08. The trade was a 1.01% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 46.80% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Airship AI
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Kovack Advisors Inc. acquired a new stake in shares of Airship AI during the fourth quarter worth $31,000. Quarry LP acquired a new stake in shares of Airship AI during the third quarter worth $31,000. Independent Advisor Alliance acquired a new stake in shares of Airship AI during the fourth quarter worth $32,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Airship AI during the fourth quarter worth $39,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Airship AI during the fourth quarter worth $39,000. 5.89% of the stock is currently owned by institutional investors and hedge funds.
About Airship AI
(
Get Free Report)
Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding. It serves government, public sector, law enforcement, military, and commercial enterprise organizations.
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