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

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

Air Industries Group Trading Down 7.7 %

Shares of AIRI stock opened at $6.23 on Monday. The firm has a market capitalization of $20.71 million, a P/E ratio of -9.30 and a beta of 0.25. Air Industries Group has a 1 year low of $2.60 and a 1 year high of $9.44. The firm’s fifty day simple moving average is $4.00 and its 200 day simple moving average is $4.48. The company has a current ratio of 1.46, a quick ratio of 0.33 and a debt-to-equity ratio of 0.53.

Air Industries Group (NYSE:AIRI) last posted its quarterly earnings data on Wednesday, August 14th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.21) by $0.30. Air Industries Group had a negative net margin of 2.86% and a negative return on equity of 10.24%. The company had revenue of $13.57 million for the quarter, compared to the consensus estimate of $12.00 million. As a group, sell-side analysts predict that Air Industries Group will post -0.05 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.