Renaissance Technologies LLC Increases Stock Holdings in Mesa Air Group, Inc. (NASDAQ:MESA)

Renaissance Technologies LLC boosted its position in Mesa Air Group, Inc. (NASDAQ:MESA) by 69.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 33,300 shares of the company’s stock after purchasing an additional 13,700 shares during the period. Renaissance Technologies LLC owned about 0.08% of Mesa Air Group worth $57,000 as of its most recent SEC filing.

Separately, Virtu Financial LLC raised its stake in shares of Mesa Air Group by 207.3% in the first quarter. Virtu Financial LLC now owns 74,374 shares of the company’s stock worth $65,000 after buying an additional 50,174 shares during the period. Institutional investors own 13.34% of the company’s stock.

Mesa Air Group Stock Up 0.9 %

NASDAQ MESA opened at $1.18 on Tuesday. The stock’s 50-day moving average price is $1.23 and its 200-day moving average price is $1.23. The company has a quick ratio of 0.35, a current ratio of 0.50 and a debt-to-equity ratio of 1.93. Mesa Air Group, Inc. has a 52 week low of $0.40 and a 52 week high of $1.89. The company has a market capitalization of $48.75 million, a P/E ratio of -0.39 and a beta of 3.10.

Mesa Air Group Company Profile

Mesa Air Group, Inc operates as the holding company for Mesa Airlines, Inc that provides regional air carrier scheduled passenger services. The company offers scheduled flight and cargo services. As of September 30, 2023, it operated a fleet of 80 aircraft with approximately 296 daily departures to 86 cities in the United States and Mexico.