Air Industries Group (NYSE:AIRI) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Air Industries Group (NYSE:AIRIGet Rating) in a report issued on Friday. The firm issued a hold rating on the stock.

Shares of NYSE:AIRI opened at $0.68 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.75 and a quick ratio of 0.48. Air Industries Group has a 12 month low of $0.65 and a 12 month high of $1.44. The company has a market cap of $21.88 million, a P/E ratio of 11.33 and a beta of 0.82. The firm’s 50-day moving average price is $0.82.

Air Industries Group (NYSE:AIRIGet Rating) last released its quarterly earnings data on Friday, March 25th. The company reported $0.05 earnings per share (EPS) for the quarter. Air Industries Group had a net margin of 2.76% and a return on equity of 10.21%. The company had revenue of $15.42 million during the quarter, compared to the consensus estimate of $15.80 million. As a group, analysts predict that Air Industries Group will post 0.03 earnings per share for the current fiscal year.

Air Industries Group Company Profile (Get Rating)

Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense in the United States. The company operates through two segments, Complex Machining and Turbine and Engine Component.

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