Saker Aviation Services (OTCMKTS:SKAS) Trading Up 8.5% – Should You Buy?

Saker Aviation Services Inc. (OTCMKTS:SKASGet Free Report) was up 8.5% during trading on Wednesday . The company traded as high as $7.05 and last traded at $7.05. Approximately 310 shares traded hands during trading, an increase of 3% from the average daily volume of 300 shares. The stock had previously closed at $6.50.

Saker Aviation Services Stock Performance

The stock has a 50 day moving average of $6.68 and a 200-day moving average of $6.79. The firm has a market capitalization of $7.12 million, a P/E ratio of -8.81 and a beta of -0.02.

Saker Aviation Services (OTCMKTS:SKASGet Free Report) last issued its earnings results on Friday, May 15th. The company reported ($0.22) earnings per share (EPS) for the quarter. The business had revenue of $0.01 million for the quarter.

About Saker Aviation Services

(Get Free Report)

Saker Aviation Services, Inc, through its subsidiaries, operates in the aviation services segment of the general aviation industry in the United States. It serves as the operator of a Downtown Manhattan (New York) Heliport. The company was formerly known as FirstFlight, Inc and changed its name to Saker Aviation Services, Inc in September 2009. Saker Aviation Services, Inc is headquartered in New York, New York.

Further Reading

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