StockNews.com started coverage on shares of Air T (NASDAQ:AIRT – Get Free Report) in a research report issued to clients and investors on Tuesday. The firm set a “hold” rating on the transportation company’s stock.
Air T Stock Performance
Shares of AIRT opened at $15.94 on Tuesday. The stock has a 50-day moving average of $17.52 and a two-hundred day moving average of $18.50. The company has a debt-to-equity ratio of 15.79, a quick ratio of 1.09 and a current ratio of 1.90. The stock has a market cap of $43.45 million, a P/E ratio of -56.93 and a beta of 0.50. Air T has a one year low of $14.56 and a one year high of $30.60.
Air T (NASDAQ:AIRT – Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The transportation company reported ($0.47) earnings per share for the quarter. Air T had a negative return on equity of 12.16% and a negative net margin of 0.27%.
Air T Company Profile
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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