Air T (NASDAQ:AIRT - Get Free Report) announced its quarterly earnings data on Wednesday. The transportation company reported ($0.47) earnings per share (EPS) for the quarter, Zacks reports. Air T had a negative return on equity of 35.95% and a negative net margin of 0.88%.
Air T Stock Up 0.6 %
Shares of Air T stock traded up $0.12 during midday trading on Friday, reaching $19.82. 4,967 shares of the company's stock traded hands, compared to its average volume of 8,291. The company has a market cap of $54.03 million, a price-to-earnings ratio of -22.78 and a beta of 0.76. Air T has a 52 week low of $14.75 and a 52 week high of $30.60. The company's 50 day simple moving average is $20.23 and its 200 day simple moving average is $19.70. The company has a debt-to-equity ratio of 13.44, a quick ratio of 1.14 and a current ratio of 2.27.
About Air T
(
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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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