Sky Harbour Group Co. (NYSEAMERICAN:SKYH - Get Free Report)'s share price was up 5.7% on Tuesday . The stock traded as high as $12.85 and last traded at $12.66. Approximately 40,763 shares traded hands during trading, a decline of 47% from the average daily volume of 77,426 shares. The stock had previously closed at $11.98.
Wall Street Analysts Forecast Growth
Separately, B. Riley raised Sky Harbour Group to a "strong-buy" rating in a research report on Tuesday, January 7th.
Check Out Our Latest Report on SKYH
Sky Harbour Group Trading Up 6.4 %
The company's 50 day moving average is $11.20. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of -6.62 and a beta of 1.74.
Institutional Investors Weigh In On Sky Harbour Group
Several hedge funds have recently added to or reduced their stakes in the stock. State Street Corp increased its holdings in shares of Sky Harbour Group by 1.1% during the third quarter. State Street Corp now owns 125,483 shares of the company's stock valued at $1,385,000 after acquiring an additional 1,406 shares in the last quarter. Barclays PLC raised its holdings in Sky Harbour Group by 10.2% in the fourth quarter. Barclays PLC now owns 17,973 shares of the company's stock worth $214,000 after buying an additional 1,658 shares during the last quarter. Wells Fargo & Company MN raised its holdings 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 worth $75,000 after buying an additional 1,807 shares during the last quarter. BNP Paribas Financial Markets bought a new position in shares of Sky Harbour Group in the fourth quarter worth approximately $26,000. Finally, Geode Capital Management LLC lifted its stake in shares of Sky Harbour Group by 2.8% in the third quarter. Geode Capital Management LLC now owns 251,465 shares of the company's stock worth $2,777,000 after buying an additional 6,887 shares in the last quarter. 14.75% of the stock is owned by institutional investors.
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.
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