Air T, Inc. (NASDAQ:AIRT - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $20.20 and traded as high as $20.55. Air T shares last traded at $20.11, with a volume of 3,228 shares.
Air T Stock Down 1.5 %
The firm has a market cap of $55.67 million, a price-to-earnings ratio of -23.18 and a beta of 0.76. The company has a quick ratio of 1.14, a current ratio of 2.27 and a debt-to-equity ratio of 13.44. The firm has a fifty day moving average price of $20.33 and a 200-day moving average price of $20.03.
Air T (NASDAQ:AIRT - Get Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The transportation company reported $0.91 earnings per share (EPS) for the quarter. Air T had a negative return on equity of 35.95% and a negative net margin of 0.88%. The firm had revenue of $81.24 million for the quarter.
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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