Air T, Inc. (NASDAQ:AIRTP – Get Free Report) shot up 3.2% on Thursday . The company traded as high as $17.06 and last traded at $17.06. 390 shares were traded during mid-day trading, a decline of 73% from the average session volume of 1,456 shares. The stock had previously closed at $16.52.
Air T Price Performance
The company has a 50-day moving average price of $17.40 and a 200-day moving average price of $17.79.
Air T Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Wednesday, February 14th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 11.73%. The ex-dividend date of this dividend was Tuesday, February 13th.
Air T Company Profile
Air T, Inc, through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx.
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