Air T (NASDAQ:AIRTP) Shares Cross Above 50-Day Moving Average – Here’s What Happened

Air T, Inc. (NASDAQ:AIRTP – Get Free Report) crossed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $18.83 and traded as high as $18.90. Air T shares last traded at $18.89, with a volume of 1,823 shares changing hands.

Air T Stock Performance

The firm has a 50-day moving average price of $18.83 and a 200-day moving average price of $19.28.

About Air T

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Air T, Inc is a diversified holding company headquartered in Maiden, North Carolina. Founded in 1980, the company operates through businesses serving the air transportation and aviation support industries.

Through its transportation operations, Air T provides regional air cargo services. Its subsidiaries, including Mountain Air Cargo, Inc and CSA Air, Inc, operate aircraft and provide feeder and contract cargo transportation services, primarily in support of major express delivery networks.

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