News stories about Air T (NASDAQ:AIRT) have been trending positive this week, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Air T earned a coverage optimism score of 0.28 on Accern’s scale. Accern also gave news stories about the transportation company an impact score of 46.6635091845775 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the media headlines that may have effected Accern’s analysis:

Shares of AIRT stock traded up $0.95 on Friday, reaching $33.45. The company’s stock had a trading volume of 4,727 shares, compared to its average volume of 2,480. Air T has a 1 year low of $14.90 and a 1 year high of $35.08. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.88 and a current ratio of 1.98. The firm has a market cap of $66.42 million, a PE ratio of 29.28 and a beta of 1.50.

Air T (NASDAQ:AIRT) last posted its earnings results on Friday, June 29th. The transportation company reported $0.76 earnings per share for the quarter. Air T had a net margin of 1.17% and a return on equity of 9.70%. The firm had revenue of $53.46 million during the quarter.

About Air T

Air T, Inc, together with its subsidiaries, provides overnight air cargo, ground equipment sale, and ground support services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2018, this segment had 79 aircrafts under the dry-lease agreements with FedEx.

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