Press coverage about Air T (NASDAQ:AIRT) has been trending somewhat positive on Sunday, according to Accern. The research group scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Air T earned a news impact score of 0.08 on Accern’s scale. Accern also assigned news headlines about the transportation company an impact score of 45.614908805835 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Air T (NASDAQ:AIRT) opened at $30.05 on Friday. Air T has a one year low of $14.40 and a one year high of $34.83. The firm has a market capitalization of $61.39, a P/E ratio of 21.62 and a beta of 1.01. The company has a quick ratio of 1.26, a current ratio of 2.06 and a debt-to-equity ratio of 0.87.
Air T (NASDAQ:AIRT) last released its quarterly earnings data on Tuesday, November 14th. The transportation company reported $0.21 earnings per share for the quarter. The firm had revenue of $48.86 million during the quarter. Air T had a return on equity of 10.93% and a net margin of 1.41%.
In related news, CEO Nicholas John Swenson purchased 52,742 shares of the company’s stock in a transaction on Wednesday, December 27th. The stock was bought at an average price of $24.74 per share, with a total value of $1,304,837.08. Following the completion of the transaction, the chief executive officer now owns 40,307 shares of the company’s stock, valued at approximately $997,195.18. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gary S. Kohler sold 51,827 shares of the firm’s stock in a transaction on Wednesday, December 27th. The stock was sold at an average price of $24.75, for a total value of $1,282,718.25. The disclosure for this sale can be found here. Insiders have acquired 66,399 shares of company stock valued at $1,622,806 in the last three months. 49.20% of the stock is currently owned by company insiders.
About Air T
Air T, Inc is a holding company. The Company operates through five segments: overnight air cargo, ground equipment sales, ground support services, printing equipment and maintenance, and leasing. The company’s overnight air cargo segment operates in the air express delivery services industry. The ground equipment sales segment manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the United States military and industrial customers.
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