Air Industries Group (NYSE:AIRI) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Air Industries Group (NYSE:AIRI) in a research report sent to investors on Thursday. The brokerage issued a buy rating on the stock.

Air Industries Group Trading Down 4.8 %

AIRI opened at $5.53 on Thursday. Air Industries Group has a 12 month low of $2.60 and a 12 month high of $9.44. The stock has a market capitalization of $18.39 million, a price-to-earnings ratio of -8.25 and a beta of 0.32. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.46 and a quick ratio of 0.33. The business has a fifty day moving average price of $4.91 and a 200 day moving average price of $4.68.

Air Industries Group (NYSE:AIRI) last released its earnings results on Wednesday, August 14th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of ($0.21) by $0.30. Air Industries Group had a negative return on equity of 10.24% and a negative net margin of 2.86%. The firm had revenue of $13.57 million during the quarter, compared to analysts’ expectations of $12.00 million. Sell-side analysts expect that Air Industries Group will post -0.05 earnings per share 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.