Air Industries Group (NYSE:AIRI) Receives New Coverage from Analysts at StockNews.com

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

Air Industries Group Stock Down 0.8 %

Air Industries Group stock opened at $5.06 on Friday. The stock has a market cap of $16.80 million, a PE ratio of -7.78 and a beta of 0.60. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.33 and a current ratio of 1.46. Air Industries Group has a one year low of $2.60 and a one year high of $6.50. The stock has a fifty day moving average of $4.70 and a 200 day moving average of $3.77.

Air Industries Group (NYSE:AIRI) last posted its quarterly earnings data on Monday, April 1st. The company reported $0.06 EPS for the quarter. The company had revenue of $13.47 million during the quarter, compared to analysts’ expectations of $12.40 million. Air Industries Group had a negative return on equity of 13.61% and a negative net margin of 4.14%. As a group, sell-side analysts predict that Air Industries Group will post -0.57 EPS 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.