Saker Aviation Services Inc (OTCMKTS:SKAS) rose 1.6% on Friday . The stock traded as high as $3.91 and last traded at $3.91, approximately 6,000 shares traded hands during trading. An increase of 193% from the average daily volume of 2,046 shares. The stock had previously closed at $3.85.
Separately, ValuEngine downgraded Saker Aviation Services from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st.
The company has a current ratio of 5.80, a quick ratio of 5.56 and a debt-to-equity ratio of 0.07. The stock has a market cap of $3.95 million, a P/E ratio of 128.32 and a beta of 2.41. The company has a 50-day moving average price of $3.59 and a two-hundred day moving average price of $3.24.
Saker Aviation Services, Inc, through its subsidiaries, operates in the aviation services segment of the general aviation industry in the United States. The company serves as the operator of a heliport, a fixed base operation (FBO); a provider of aircraft maintenance and repair services (MRO); and a consultant for a seaplane base.
Further Reading: Recession
Receive News & Ratings for Saker Aviation Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saker Aviation Services and related companies with MarketBeat.com's FREE daily email newsletter.