Air Industries Group (NYSE:AIRI) Research Coverage Started at StockNews.com

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

Air Industries Group Stock Performance

Shares of AIRI stock opened at $7.10 on Friday. Air Industries Group has a 1 year low of $2.60 and a 1 year high of $7.60. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.33 and a current ratio of 1.46. The firm has a market cap of $23.57 million, a price-to-earnings ratio of -10.92 and a beta of 0.60. The stock’s 50-day moving average is $4.85 and its two-hundred day moving average is $3.88.

Air Industries Group (NYSE:AIRI) last released its quarterly earnings results on Monday, April 1st. The company reported $0.06 EPS for the quarter. Air Industries Group had a negative net margin of 4.14% and a negative return on equity of 13.61%. The firm had revenue of $13.47 million during the quarter, compared to the consensus estimate of $12.40 million. Analysts predict that Air Industries Group will post -0.29 earnings per share for the current 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.