Saker Aviation Services (OTCMKTS:SKAS) Stock Crosses Above Fifty Day Moving Average of $10.29

Saker Aviation Services, Inc. (OTCMKTS:SKASGet Free Report)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $10.29 and traded as high as $10.83. Saker Aviation Services shares last traded at $10.83, with a volume of 676 shares traded.

Saker Aviation Services Price Performance

The business has a fifty day moving average price of $10.29 and a 200 day moving average price of $10.17. The company has a market capitalization of $10.72 million, a price-to-earnings ratio of 3.94 and a beta of 0.67.

Saker Aviation Services (OTCMKTS:SKASGet Free Report) last released its earnings results on Wednesday, August 14th. The company reported $1.00 EPS for the quarter. Saker Aviation Services had a net margin of 22.18% and a return on equity of 37.15%. The firm had revenue of $2.62 million for the quarter.

About Saker Aviation Services

(Get Free Report)

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, a fixed base operation (FBO); and a provider of aircraft maintenance, repair, and overhaul (MRO) services at the Garden City (Kansas) Regional Airport.

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