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

StockNews.com initiated coverage on shares of Air Industries Group (NYSE:AIRIFree Report) in a report published on Thursday. The firm issued a hold rating on the stock.

Air Industries Group Trading Down 1.9 %

Air Industries Group stock opened at $3.70 on Thursday. The firm has a 50 day simple moving average of $5.38 and a 200-day simple moving average of $4.26. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.43 and a quick ratio of 0.33. The stock has a market capitalization of $12.28 million, a PE ratio of -5.52 and a beta of 0.43. Air Industries Group has a 12-month low of $2.60 and a 12-month high of $7.77.

Air Industries Group (NYSE:AIRIGet Free Report) last posted its quarterly earnings data on Wednesday, May 15th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.09). The company had revenue of $14.06 million during the quarter, compared to the consensus estimate of $12.50 million. Air Industries Group had a negative net margin of 4.18% and a negative return on equity of 14.59%. As a group, equities research analysts expect that Air Industries Group will post -0.65 EPS for the current fiscal year.

About Air Industries Group

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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.

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