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

StockNews.com initiated coverage on shares of Air Industries Group (NYSE:AIRI) in a research note issued to investors on Monday morning. The firm issued a hold rating on the stock.

Air Industries Group Trading Down 2.3 %

Shares of AIRI stock opened at $7.31 on Monday. Air Industries Group has a 1 year low of $2.60 and a 1 year high of $7.77. The firm has a fifty day moving average price of $5.16 and a 200-day moving average price of $4.06. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.46 and a quick ratio of 0.33. The company has a market cap of $24.27 million, a price-to-earnings ratio of -11.25 and a beta of 0.43.

Air Industries Group (NYSE:AIRI) last released its earnings results on Monday, April 1st. The company reported $0.06 EPS for the quarter. The firm had revenue of $13.47 million for the quarter, compared to the consensus estimate of $12.40 million. Air Industries Group had a negative net margin of 4.14% and a negative return on equity of 13.61%. As a group, equities 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.