Air Industries Group (NYSE:AIRI) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Air Industries Group (NYSE:AIRIGet Rating) in a report released on Wednesday. The brokerage set a “hold” rating on the stock.

AIRI stock opened at $0.69 on Wednesday. The company has a quick ratio of 0.36, a current ratio of 1.76 and a debt-to-equity ratio of 0.51. Air Industries Group has a 52-week low of $0.65 and a 52-week high of $1.44. The business’s 50 day simple moving average is $0.73. The stock has a market cap of $22.40 million, a P/E ratio of 11.58 and a beta of 0.83.

Air Industries Group (NYSE:AIRIGet Rating) last issued its earnings results on Friday, March 25th. The company reported $0.05 EPS for the quarter. The company had revenue of $15.42 million during the quarter, compared to analyst estimates of $15.80 million. Air Industries Group had a return on equity of 10.61% and a net margin of 3.06%. Equities research analysts anticipate that Air Industries Group will post 0.05 EPS for the current fiscal year.

About Air Industries Group (Get Rating)

Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense in the United States. The company operates through two segments, Complex Machining and Turbine and Engine Component.

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