Air Industries Group (NYSE:AIRI) Now Covered by StockNews.com

StockNews.com started coverage on shares of Air Industries Group (NYSE:AIRI) in a research note published on Sunday morning. The firm issued a hold rating on the stock.

Air Industries Group Stock Performance

Shares of NYSE AIRI opened at $5.92 on Friday. Air Industries Group has a 1 year low of $2.60 and a 1 year high of $7.60. The firm has a market cap of $19.62 million, a P/E ratio of -9.11 and a beta of 0.60. The stock has a fifty day moving average price of $4.87 and a two-hundred day moving average price of $3.89. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.33 and a current ratio of 1.46.

Air Industries Group (NYSE:AIRI) last announced its quarterly earnings data on Monday, April 1st. The company reported $0.06 earnings per share 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%. Research analysts forecast that Air Industries Group will post -0.29 EPS 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.