Air T (NASDAQ:AIRTP) Stock Breaks Below 50 Day Moving Average – What’s Next?

Air T, Inc. (NASDAQ:AIRTP – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $18.83 and traded as low as $18.23. Air T shares last traded at $18.3350, with a volume of 5,372 shares.

Air T Price Performance

The business has a 50-day simple moving average of $18.83 and a two-hundred day simple moving average of $19.24.

Air T Company Profile

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Air T, Inc. is a diversified holding company focused primarily on aviation-related businesses. Founded in 1980 and headquartered in Maiden, North Carolina, it operates through subsidiaries that provide services and equipment to airlines, airports and other aviation customers. The company’s activities include regional air cargo transportation, aircraft ground support equipment manufacturing, and the trading, leasing and support of commercial aircraft, engines and related parts. Its ground support products include specialized equipment used to service aircraft at airports.

Further Reading

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