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

StockNews.com started coverage on shares of Air Industries Group (NYSE:AIRI) in a research report sent to investors on Saturday morning. The brokerage issued a hold rating on the stock.

Air Industries Group Stock Performance

Shares of AIRI opened at $3.76 on Friday. Air Industries Group has a 52 week low of $2.60 and a 52 week high of $7.77. The company has a quick ratio of 0.33, a current ratio of 1.43 and a debt-to-equity ratio of 0.52. The stock has a market cap of $12.50 million, a P/E ratio of -5.61 and a beta of 0.25. The business’s 50 day moving average price is $3.45 and its 200-day moving average price is $4.36.

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

About Air Industries Group

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.