Starfighters Space (NYSEAMERICAN:FJET) Issues Earnings Results

Starfighters Space (NYSEAMERICAN:FJET) announced its quarterly earnings data on Wednesday. The company reported ($0.24) earnings per share for the quarter, FiscalAI reports.

Starfighters Space Stock Up 0.3%

FJET stock opened at $3.98 on Friday. Starfighters Space has a 52 week low of $3.39 and a 52 week high of $31.50. The business has a 50-day simple moving average of $4.37 and a 200 day simple moving average of $5.76. The company has a quick ratio of 5.21, a current ratio of 5.21 and a debt-to-equity ratio of 0.02. The company has a market cap of $197.53 million and a PE ratio of -4.47.

Hedge Funds Weigh In On Starfighters Space

Several hedge funds have recently bought and sold shares of the company. Elevation Point Wealth Partners LLC boosted its stake in shares of Starfighters Space by 36.6% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 13,660 shares of the company’s stock valued at $81,000 after purchasing an additional 3,660 shares in the last quarter. Jane Street Group LLC acquired a new position in Starfighters Space during the 4th quarter worth approximately $151,000. Cerity Partners LLC bought a new position in Starfighters Space in the 4th quarter valued at approximately $718,000. Finally, Goldman Sachs Group Inc. bought a new position in Starfighters Space in the 4th quarter valued at approximately $1,322,000.

Starfighters Space Company Profile

The Company’s mission statement is to make space accessible to entrepreneurs, researchers, industry, and government at a high cadence and the right cost. Currently, Starfighters operates the world’s only commercial fleet of flight-ready F-104 supersonic aircraft (“Lockheed F-104”). The Lockheed F-104 was developed as a supersonic aircraft for the United States Armed Forces. The single engine interceptor was favoured for its maximum altitude and climb performance. It was the first production aircraft to reach over MACH 2 in sustained, level flight, which was one of the key criteria as to why the NASA used the Lockheed F-104 for high-speed flight research at the Dryden Flight Research Center.