Sky Harbour Group (NYSEMKT:SKYH) Shares Up 0.6% - Here's What Happened

Key Points

• Securities of Sky Harbour Group Corp (NYSEMKT:SKYH) saw a minor increase of 0.6%, trading at $10.33 after a close of $10.27.
• Noble Financial has assigned an "outperform" rating on the company with a price target of $23.00, and the average rating from analysts is "Buy".
• Sky Harbour operates as an aviation infrastructure development company, focusing on developing and managing general aviation hangars for business aircraft since its inception in 2017.

Sky Harbour Group Corp (NYSEMKT:SKYH - Get Free Report)'s share price was up 0.6% during mid-day trading on Thursday . The stock traded as high as $10.45 and last traded at $10.33. Approximately 96,157 shares traded hands during trading, The stock had previously closed at $10.27.

Analyst Ratings Changes

Separately, Noble Financial started coverage on shares of Sky Harbour Group in a research report on Monday, May 12th. They set an "outperform" rating and a $23.00 price objective on the stock. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $23.00.

Sky Harbour Group Price Performance

The firm has a market capitalization of $817.25 million, a P/E ratio of -8.83 and a beta of 1.47. The stock has a 50-day simple moving average of $10.13.

Sky Harbour Group Company Profile

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 founded in 2017 and is based in White Plains, New York.