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

StockNews.com started coverage on shares of Air Industries Group (NYSE:AIRI) in a research report released on Thursday. The brokerage issued a buy rating on the stock.

Air Industries Group Trading Down 4.8 %

NYSE:AIRI opened at $5.53 on Thursday. The business has a 50 day simple moving average of $4.91 and a 200 day simple moving average of $4.67. The firm has a market capitalization of $18.47 million, a P/E ratio of -8.25 and a beta of 0.32. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.46 and a quick ratio of 0.33. Air Industries Group has a 12-month low of $2.60 and a 12-month high of $9.44.

Air Industries Group (NYSE:AIRI) last announced its earnings results on Wednesday, August 14th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.30. The firm had revenue of $13.57 million during the quarter, compared to analyst estimates of $12.00 million. Air Industries Group had a negative net margin of 2.86% and a negative return on equity of 10.24%. Equities research analysts predict that Air Industries Group will post -0.05 EPS for the current year.

Air Industries Group Company Profile

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.