Roth Capital Begins Coverage on AIR Global (NASDAQ:AIIR)

Equities researchers at Roth Capital started coverage on shares of AIR Global (NASDAQ:AIIR) in a research report issued to clients and investors on Wednesday, Marketbeat.com reports. The firm set a “buy” rating and a $11.50 price target on the stock. Roth Capital‘s target price points to a potential upside of 51.82% from the company’s previous close.

A number of other analysts have also recently commented on the stock. Cantor Fitzgerald assumed coverage on shares of AIR Global in a research report on Monday, October 12th. They issued an “overweight” rating and a $11.03 price objective for the company. Barclays restated an “overweight” rating and set a $10.00 price objective on shares of AIR Global in a research note on Wednesday, August 26th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Strong Buy” and a consensus price target of $10.84.

AIR Global Stock Down 2.0%

NASDAQ:AIIR traded down $0.16 during trading hours on Wednesday, hitting $7.58. 29,347 shares of the stock were exchanged, compared to its average volume of 18,266. The company’s 50 day moving average is $7.43. AIR Global has a twelve month low of $5.29 and a twelve month high of $13.37. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.12 and a current ratio of 1.41.

AIR Global Company Profile

Cantor Equity Partners III Inc is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners III Inc is based in NEW YORK.