Airship AI (NASDAQ:AISP) Downgraded to “Sell” Rating by Wall Street Zen

Wall Street Zen cut shares of Airship AI (NASDAQ:AISP) from a hold rating to a sell rating in a report published on Friday morning.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Airship AI in a report on Saturday, September 27th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Airship AI has an average rating of “Hold” and an average price target of $6.00.

Airship AI Stock Performance

Shares of AISP opened at $5.84 on Friday. Airship AI has a fifty-two week low of $1.90 and a fifty-two week high of $7.66. The firm has a market cap of $186.35 million, a price-to-earnings ratio of -2.92 and a beta of 0.31. The firm has a 50 day moving average price of $4.98 and a 200-day moving average price of $4.78.

Airship AI (NASDAQ:AISP) last issued its earnings results on Tuesday, August 5th. The company reported ($0.75) EPS for the quarter. As a group, equities research analysts predict that Airship AI will post 1.71 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Airship AI during the second quarter valued at approximately $30,000. Kieckhefer Group LLC lifted its position in Airship AI by 79.2% during the first quarter. Kieckhefer Group LLC now owns 13,440 shares of the company’s stock valued at $52,000 after buying an additional 5,940 shares during the period. JPMorgan Chase & Co. lifted its position in Airship AI by 90.9% during the second quarter. JPMorgan Chase & Co. now owns 9,567 shares of the company’s stock valued at $56,000 after buying an additional 4,556 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Airship AI by 150.5% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,932 shares of the company’s stock valued at $64,000 after buying an additional 6,568 shares in the last quarter. Finally, Intech Investment Management LLC purchased a new stake in shares of Airship AI in the 2nd quarter worth about $70,000. Hedge funds and other institutional investors own 5.89% of the company’s stock.

Airship AI Company Profile

Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding.