StockNews.com assumed coverage on shares of Air T (NASDAQ:AIRT – Free Report) in a research report report published on Saturday morning. The firm issued a hold rating on the transportation company’s stock.
Air T Price Performance
AIRT opened at $17.22 on Friday. The firm has a market cap of $46.94 million, a price-to-earnings ratio of -61.50 and a beta of 0.74. Air T has a 1 year low of $14.85 and a 1 year high of $30.60. The company has a debt-to-equity ratio of 15.79, a current ratio of 1.90 and a quick ratio of 1.09. The stock’s 50 day simple moving average is $18.96 and its 200 day simple moving average is $18.81.
Air T (NASDAQ:AIRT – Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The transportation company reported ($0.47) EPS 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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