GSA Capital Partners LLP Makes New $56,000 Investment in Mesa Air Group, Inc. $RJET

GSA Capital Partners LLP bought a new stake in Mesa Air Group, Inc. (NASDAQ:RJET) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 42,952 shares of the company’s stock, valued at approximately $56,000. GSA Capital Partners LLP owned approximately 0.10% of Mesa Air Group as of its most recent filing with the SEC.

Separately, Orvieto Partners L.P. bought a new stake in shares of Mesa Air Group during the 2nd quarter worth $444,000. 13.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Mesa Air Group to a “hold” rating in a research note on Saturday, December 13th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Mesa Air Group Stock Down 0.7%

NASDAQ RJET opened at $21.58 on Tuesday. The company has a market cap of $602.73 million, a price-to-earnings ratio of -3.57 and a beta of 1.59. Mesa Air Group, Inc. has a twelve month low of $10.22 and a twelve month high of $25.80. The business’s fifty day moving average is $18.98 and its 200 day moving average is $19.86.

About Mesa Air Group

Mesa Air Group, Inc is a regional airline holding company headquartered in Phoenix, Arizona. The company provides feeder air transportation services under capacity purchase agreements with major carriers in the United States, operating as an affiliate of American Airlines and United Airlines. Mesa Air Group’s operations are conducted through two wholly owned subsidiaries, Mesa Airlines and Mokulele Airlines, which serve domestic markets on a scheduled basis.

Mesa Airlines is the company’s primary regional carrier.