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Sky Harbour Group (NYSEAMERICAN:SKYH) Shares Gap Up - Time to Buy?

Sky Harbour Group logo with Aerospace background
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Sky Harbour Group Co. (NYSEAMERICAN:SKYH - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $12.87, but opened at $13.40. Sky Harbour Group shares last traded at $13.39, with a volume of 26,343 shares.

Wall Street Analysts Forecast Growth

Separately, B. Riley raised shares of Sky Harbour Group to a "strong-buy" rating in a research note on Tuesday, January 7th.

Check Out Our Latest Analysis on Sky Harbour Group

Sky Harbour Group Stock Down 5.0 %

The company has a market cap of $983.69 million, a P/E ratio of -6.28 and a beta of 1.74. The business has a 50-day simple moving average of $11.20.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets acquired a new position in shares of Sky Harbour Group during the fourth quarter valued at approximately $26,000. Wells Fargo & Company MN raised its stake in Sky Harbour Group by 40.2% in the 4th quarter. Wells Fargo & Company MN now owns 6,300 shares of the company's stock valued at $75,000 after purchasing an additional 1,807 shares during the last quarter. MetLife Investment Management LLC purchased a new position in Sky Harbour Group in the 3rd quarter valued at $79,000. Fullcircle Wealth LLC acquired a new position in Sky Harbour Group during the fourth quarter worth about $131,000. Finally, Deutsche Bank AG increased its holdings in shares of Sky Harbour Group by 5,014.9% in the fourth quarter. Deutsche Bank AG now owns 13,350 shares of the company's stock valued at $159,000 after purchasing an additional 13,089 shares during the last quarter. 14.75% of the stock is owned by hedge funds and other institutional investors.

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About Sky Harbour Group

(Get Free Report)

Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company is based in White Plains, New York.

Further Reading

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