Air T, Inc. (NASDAQ:AIRT - Get Free Report)'s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $19.86 and traded as low as $19.40. Air T shares last traded at $19.61, with a volume of 12,324 shares.
Air T Stock Performance
The stock has a market cap of $54.70 million, a P/E ratio of -22.78 and a beta of 0.76. The company has a current ratio of 2.27, a quick ratio of 1.14 and a debt-to-equity ratio of 13.44. The stock has a 50 day simple moving average of $20.28 and a 200 day simple moving average of $19.80.
Air T (NASDAQ:AIRT - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The transportation company reported ($0.47) EPS for the quarter. Air T had a negative net margin of 0.88% and a negative return on equity of 35.95%.
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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