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 research report released on Thursday. The firm issued a buy rating on the stock.

Air Industries Group Stock Performance

Shares of Air Industries Group stock opened at $5.81 on Thursday. Air Industries Group has a one year low of $2.60 and a one year high of $9.44. The company has a market capitalization of $19.41 million, a PE ratio of -8.73 and a beta of 0.32. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.33 and a current ratio of 1.46. The company has a 50-day simple moving average of $4.82 and a two-hundred day simple moving average of $4.65.

Air Industries Group (NYSE:AIRI) last released its quarterly earnings data on Wednesday, August 14th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of ($0.21) by $0.30. The business had revenue of $13.57 million for the quarter, compared to analyst estimates of $12.00 million. Air Industries Group had a negative return on equity of 10.24% and a negative net margin of 2.86%. Research analysts expect that Air Industries Group will post -0.05 EPS for the current fiscal 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.