Air Industries Group Inc (AIRI) Downgraded to Strong Sell at ValuEngine
Air Industries Group Inc (NYSEMKT:AIRI) was downgraded by equities researchers at ValuEngine from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Monday.
Separately, Roth Capital began coverage on Air Industries Group in a report on Thursday, August 31st. They set a “buy” rating and a $1.75 price target for the company.
Air Industries Group (NYSEMKT:AIRI) traded up 2.82% on Monday, hitting $1.46. 38,376 shares of the company’s stock traded hands. Air Industries Group has a 12 month low of $1.15 and a 12 month high of $4.60. The stock has a 50 day moving average price of $1.40 and a 200-day moving average price of $2.20. The stock’s market cap is $20.81 million.
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About Air Industries Group
Air Industries Group is an aerospace and defense company. The Company manufactures and designs structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines and other components. The Company operates in three segments: Complex Machining, Aerostructures and Electronics and Turbine Engine Components.
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