StockNews.com Begins Coverage on Air Industries Group (NYSE:AIRI)

StockNews.com assumed coverage on shares of Air Industries Group (NYSE:AIRI) in a research report report published on Saturday morning. The brokerage issued a hold rating on the stock.

Air Industries Group Trading Up 0.1 %

NYSE:AIRI opened at $5.20 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.46 and a quick ratio of 0.33. Air Industries Group has a fifty-two week low of $2.60 and a fifty-two week high of $6.50. The stock’s 50-day moving average is $4.69 and its two-hundred day moving average is $3.75. The stock has a market cap of $17.26 million, a PE ratio of -8.00 and a beta of 0.60.

Air Industries Group (NYSE:AIRI) last announced its quarterly earnings results on Monday, April 1st. The company reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $13.47 million during the quarter, compared to analyst estimates of $12.40 million. Air Industries Group had a negative return on equity of 13.61% and a negative net margin of 4.14%. As a group, equities research analysts forecast that Air Industries Group will post -0.57 earnings per share for the current fiscal year.

About Air Industries Group

Air Industries Group, together with its subsidiaries, engages in the design, manufacture, and sale of precision components and assemblies for defense and commercial aerospace industry in the United States. It offers actuators, arresting gears, aerostructures, aircraft structures, chaff pod assemblies, machining and milling solutions, cylinders, drag beams and braces, flight controls, flight safety critical components, integrated assemblies, landing gears, large diameter turn-mills, submarine valves, thrust struts, engine mounts, and turbine engine components and weldments for aircraft jet engines, ground turbines, and other complex machines.