Sky Harbour Group Co. (NYSEAMERICAN:SKYH - Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $9.01, but opened at $8.79. Sky Harbour Group shares last traded at $8.97, with a volume of 8,987 shares trading hands.
Analyst Upgrades and Downgrades
Separately, B. Riley started coverage on Sky Harbour Group in a report on Thursday, January 18th. They issued a "buy" rating and a $15.00 price target for the company.
Read Our Latest Report on SKYH
Sky Harbour Group Price Performance
The stock has a market capitalization of $596.45 million, a price-to-earnings ratio of -8.24 and a beta of 1.76.
Sky Harbour Group (NYSEAMERICAN:SKYH - Get Free Report) last released its quarterly earnings data on Wednesday, March 27th. The company reported ($0.61) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.53). The company had revenue of $2.24 million for the quarter, compared to the consensus estimate of $2.33 million. Sky Harbour Group had a negative return on equity of 16.19% and a negative net margin of 213.57%. Research analysts expect that Sky Harbour Group Co. will post -0.08 EPS for the current year.
Institutional Trading of Sky Harbour Group
An institutional investor recently bought a new position in Sky Harbour Group stock. Caprock Group LLC bought a new stake in shares of Sky Harbour Group Co. (NYSEAMERICAN:SKYH - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,000 shares of the company's stock, valued at approximately $126,000. Hedge funds and other institutional investors own 14.75% of the company's stock.
Sky Harbour Group Company Profile
(
Get Free Report)
Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company was incorporated in 2017 and is based in White Plains, New York.
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