Sky Harbour Group Co. (NYSEAMERICAN:SKYH - Get Free Report) fell 6.9% during mid-day trading on Tuesday . The stock traded as low as $12.14 and last traded at $12.12. Approximately 90,753 shares traded hands during mid-day trading, an increase of 4% from the average daily volume of 87,567 shares. The stock had previously closed at $13.01.
Analyst Ratings Changes
Separately, B. Riley raised Sky Harbour Group to a "strong-buy" rating in a research report on Tuesday, January 7th.
Check Out Our Latest Stock Report on SKYH
Sky Harbour Group Price Performance
The firm has a market capitalization of $916.39 million, a P/E ratio of -5.86 and a beta of 1.74. The firm's fifty day moving average is $11.24.
Institutional Trading of Sky Harbour Group
Large investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets bought a new position in shares of Sky Harbour Group during the 4th quarter valued at approximately $26,000. Wells Fargo & Company MN lifted its stake in Sky Harbour Group by 40.2% in the fourth 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 bought a new position in Sky Harbour Group during the third quarter valued at $79,000. Fullcircle Wealth LLC purchased a new stake in Sky Harbour Group in the fourth quarter worth $131,000. Finally, Deutsche Bank AG raised its stake 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 buying an additional 13,089 shares during the period. Hedge funds and other institutional investors own 14.75% of the company's stock.
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Sky Harbour Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sky Harbour Group wasn't on the list.
While Sky Harbour Group currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
