AirSculpt Technologies, Inc. (NASDAQ:AIRS - Get Free Report)'s share price hit a new 52-week high during trading on Friday . The company traded as high as $8.88 and last traded at $8.70, with a volume of 97967 shares traded. The stock had previously closed at $7.19.
Wall Street Analyst Weigh In
Separately, BTIG Research began coverage on AirSculpt Technologies in a research report on Thursday, October 17th. They set a "neutral" rating for the company. Five research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $5.50.
Check Out Our Latest Stock Report on AirSculpt Technologies
AirSculpt Technologies Trading Up 20.7 %
The firm has a 50 day moving average of $5.15 and a 200 day moving average of $4.67. The firm has a market cap of $499.90 million, a PE ratio of -113.00 and a beta of 1.57. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.79.
AirSculpt Technologies (NASDAQ:AIRS - Get Free Report) last announced its quarterly earnings data on Friday, August 9th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.07). The firm had revenue of $51.00 million during the quarter, compared to analysts' expectations of $55.50 million. AirSculpt Technologies had a positive return on equity of 6.42% and a negative net margin of 1.77%. Equities analysts anticipate that AirSculpt Technologies, Inc. will post 0.15 earnings per share for the current year.
Institutional Trading of AirSculpt Technologies
A number of institutional investors have recently modified their holdings of the business. FourWorld Capital Management LLC bought a new stake in AirSculpt Technologies during the 1st quarter valued at $557,000. Vanguard Group Inc. grew its position in shares of AirSculpt Technologies by 1.0% in the first quarter. Vanguard Group Inc. now owns 576,038 shares of the company's stock valued at $3,537,000 after purchasing an additional 5,606 shares in the last quarter. Finally, SW Investment Management LLC raised its stake in shares of AirSculpt Technologies by 5.0% during the 2nd quarter. SW Investment Management LLC now owns 4,500,000 shares of the company's stock valued at $18,000,000 after purchasing an additional 213,677 shares during the period. 91.54% of the stock is currently owned by hedge funds and other institutional investors.
AirSculpt Technologies Company Profile
(
Get Free Report)
AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. The company offers AirSculpt, a next-generation body contouring procedure that removes unwanted fat and tightens skin in a minimally invasive procedure.
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