Weiss Ratings restated their sell (d-) rating on shares of Air T (NASDAQ:AIRT – Free Report) in a report released on Friday,Weiss Ratings reports.
Air T Stock Up 1.6%
Shares of NASDAQ AIRT opened at $22.78 on Friday. The business’s 50 day moving average is $23.42 and its two-hundred day moving average is $20.87. Air T has a 52-week low of $14.56 and a 52-week high of $26.70. The firm has a market cap of $61.52 million, a price-to-earnings ratio of -8.38 and a beta of 0.73.
Air T (NASDAQ:AIRT – Get Free Report) last released its quarterly earnings results on Wednesday, August 13th. The transportation company reported ($0.61) EPS for the quarter. Air T had a negative return on equity of 263.91% and a negative net margin of 2.51%.The firm had revenue of $70.87 million for the quarter.
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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