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

StockNews.com started coverage on shares of Air Industries Group (NYSE:AIRI) in a report released on Monday. The brokerage issued a hold rating on the stock.

Air Industries Group Stock Down 1.1 %

NYSE:AIRI opened at $7.46 on Monday. Air Industries Group has a 52 week low of $2.60 and a 52 week high of $7.65. The company has a quick ratio of 0.33, a current ratio of 1.46 and a debt-to-equity ratio of 0.48. The stock’s fifty day moving average is $5.04 and its two-hundred day moving average is $4.01. The stock has a market capitalization of $24.77 million, a price-to-earnings ratio of -11.48 and a beta of 0.43.

Air Industries Group (NYSE:AIRI) last released its earnings results on Monday, April 1st. The company reported $0.06 earnings per share for the quarter. The company had revenue of $13.47 million during the quarter, compared to the consensus estimate of $12.40 million. Air Industries Group had a negative return on equity of 13.61% and a negative net margin of 4.14%. Research analysts anticipate that Air Industries Group will post -0.29 EPS for the current 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.