AirNet Technology (ANTE) Stock Price, News & Analysis

Company Overview

AirNet Technology Inc., together with its subsidiaries, operates out-of-home advertising networks in the People's Republic of China. It provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, documentaries, and copyrighted entertainment contents; and internet connections through a network of satellites and land-based beacons. The company also offers advertising time slots in the form of digital TV screens on airplanes; and media contents display in air travel. In addition, it operates CIBN-AirNet channel to broadcast network TV programs to air travelers. The company was formerly known as AirMedia Group Inc. and changed its name to AirNet Technology Inc. in May 2019. AirNet Technology Inc. was founded in 2005 and is headquartered in Beijing, the People's Republic of China.

Key Stats

• Today's Range: $0.44 to $0.53
• 50-Day Range: $0.27 to $0.74
• 52-Week Range: $0.26 to $2.90
• Volume: 48,936 shs
• Average Volume: 250,201 shs
• Market Capitalization: $7.04 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

ANTE Stock Analysis - Frequently Asked Questions

How have ANTE shares performed this year?

AirNet Technology's stock was trading at $0.8299 at the beginning of 2024. Since then, ANTE shares have decreased by 40.7% and is now trading at $0.4918.
View the best growth stocks for 2024 here.

How were AirNet Technology's earnings last quarter?

AirNet Technology Inc. (NASDAQ:ANTE) announced its quarterly earnings data on Tuesday, November, 17th. The business services provider reported ($0.64) earnings per share (EPS) for the quarter. The business services provider had revenue of $10.42 million for the quarter, compared to the consensus estimate of $240.53 million.

When did AirNet Technology's stock split?

AirNet Technology shares reverse split on the morning of Monday, December 12th 2022. The 1-4 reverse split was announced on Monday, December 12th 2022. The number of shares owned by shareholders was adjusted after the market closes on Monday, December 12th 2022. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

When did AirNet Technology IPO?

AirNet Technology (ANTE) raised $51 million in an initial public offering (IPO) on the week of May 11th 2015. The company issued 3,900,000 shares at a price of $12.00-$14.00 per share. Stifel and RBC acted as the underwriters for the IPO and JMP Securities and Needham & Company were co-managers.

How do I buy shares of AirNet Technology?

Shares of ANTE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of AirNet Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AirNet Technology investors own include AT&T (T), Exxon Mobil (XOM), AbbVie (ABBV), NIO (NIO), General Motors (GM), Pfizer (PFE) and Ford Motor (F).

Company Calendar

• Last Earnings: 11/17/2015
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: Advertising agencies
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:ANTE
• CUSIP: N/A
• CIK: 1413745
• Web: www.airmedia.net.cn
• Phone: 861084608818
• Fax: 86-10-8460-8658
• Employees: 70
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.67
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $850,000.00
• Price / Sales: 8.28
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($4.71) per share
• Price / Book: -0.10

Miscellaneous

• Outstanding Shares: 14,310,000
• Free Float: 13,235,000
• Market Cap: $7.04 million
• Optionable: Not Optionable
• Beta: 1.34