Saker Aviation Services (OTCMKTS:SKAS) Share Price Passes Below 50-Day Moving Average – Here’s Why

Saker Aviation Services Inc. (OTCMKTS:SKASGet Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.78 and traded as low as $6.60. Saker Aviation Services shares last traded at $6.60, with a volume of 0 shares trading hands.

Saker Aviation Services Price Performance

The business has a 50-day moving average of $6.78 and a 200 day moving average of $7.06. The company has a market cap of $6.67 million, a PE ratio of -15.71 and a beta of -0.06.

About Saker Aviation Services

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Saker Aviation Services, Inc, through its subsidiaries, operates in the aviation services segment of the general aviation industry in the United States. It serves as the operator of a Downtown Manhattan (New York) Heliport. The company was formerly known as FirstFlight, Inc and changed its name to Saker Aviation Services, Inc in September 2009. Saker Aviation Services, Inc is headquartered in New York, New York.

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