Air Industries Group (NYSE:AIRI) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Air Industries Group (NYSE:AIRI) in a research report report published on Sunday. The brokerage issued a hold rating on the stock.

Air Industries Group Price Performance

AIRI stock opened at $5.39 on Friday. The firm has a 50 day simple moving average of $3.75 and a two-hundred day simple moving average of $4.43. The stock has a market cap of $17.92 million, a PE ratio of -8.04 and a beta of 0.25. Air Industries Group has a one year low of $2.60 and a one year high of $9.44. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.43 and a quick ratio of 0.33.

Air Industries Group (NYSE:AIRI) last announced its earnings results on Wednesday, August 14th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.21) by $0.30. Air Industries Group had a negative net margin of 4.18% and a negative return on equity of 14.59%. The company had revenue of $13.57 million during the quarter, compared to analyst estimates of $12.00 million. On average, analysts predict that Air Industries Group will post -0.65 EPS for the current fiscal year.

Air Industries Group Company Profile

Air Industries Group, together with its subsidiaries, engages in the design, manufacture, and sale of precision components and assemblies for defense and commercial aerospace industry in the United States. It offers actuators, arresting gears, aerostructures, aircraft structures, chaff pod assemblies, machining and milling solutions, cylinders, drag beams and braces, flight controls, flight safety critical components, integrated assemblies, landing gears, large diameter turn-mills, submarine valves, thrust struts, engine mounts, and turbine engine components and weldments for aircraft jet engines, ground turbines, and other complex machines.