Saker Aviation Services (OTCMKTS:SKAS) Announces Quarterly Earnings Results

Saker Aviation Services (OTCMKTS:SKAS) posted its quarterly earnings results on Tuesday. The company reported $0.51 earnings per share for the quarter, Zacks reports. Saker Aviation Services had a net margin of 15.79% and a return on equity of 28.67%.

Saker Aviation Services Stock Performance

Shares of SKAS remained flat at $7.00 during midday trading on Tuesday. Saker Aviation Services has a fifty-two week low of $6.25 and a fifty-two week high of $12.41. The firm’s 50-day moving average price is $7.63 and its 200-day moving average price is $8.55. The company has a market capitalization of $6.97 million, a P/E ratio of 4.96 and a beta of 0.21.

About Saker Aviation Services

Saker Aviation Services, Inc, through its subsidiaries, operates in the aviation services segment of the general aviation industry in the United States. It serves as the operator of a Downtown Manhattan (New York) Heliport. The company was formerly known as FirstFlight, Inc and changed its name to Saker Aviation Services, Inc in September 2009.