Starfighters Space (NYSEAMERICAN:FJET) Trading 1.3% Higher – Time to Buy?

Starfighters Space, Inc. (NYSEAMERICAN:FJETGet Free Report)’s stock price traded up 1.3% on Thursday . The company traded as high as $4.12 and last traded at $4.01. Approximately 848,784 shares traded hands during trading, an increase of 31% from the average session volume of 649,390 shares. The stock had previously closed at $3.96.

Starfighters Space Trading Up 5.7%

The company has a quick ratio of 5.21, a current ratio of 5.21 and a debt-to-equity ratio of 0.02. The firm’s fifty day moving average price is $4.66 and its 200-day moving average price is $5.91.

Starfighters Space (NYSEAMERICAN:FJETGet Free Report) last posted its quarterly earnings results on Wednesday, April 15th. The company reported ($0.42) EPS for the quarter.

Institutional Trading of Starfighters Space

A number of institutional investors have recently modified their holdings of FJET. Elevation Point Wealth Partners LLC bought a new stake in shares of Starfighters Space in the fourth quarter worth about $116,000. Jane Street Group LLC purchased a new position in Starfighters Space during the 4th quarter valued at about $151,000. Cerity Partners LLC bought a new position in Starfighters Space during the 4th quarter valued at approximately $718,000. Finally, Goldman Sachs Group Inc. bought a new position in Starfighters Space during the 4th quarter valued at approximately $1,322,000.

About Starfighters Space

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The Company’s mission statement is to make space accessible to entrepreneurs, researchers, industry, and government at a high cadence and the right cost. Currently, Starfighters operates the world’s only commercial fleet of flight-ready F-104 supersonic aircraft (“Lockheed F-104”). The Lockheed F-104 was developed as a supersonic aircraft for the United States Armed Forces. The single engine interceptor was favoured for its maximum altitude and climb performance. It was the first production aircraft to reach over MACH 2 in sustained, level flight, which was one of the key criteria as to why the NASA used the Lockheed F-104 for high-speed flight research at the Dryden Flight Research Center.

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