Starfighters Space (NYSEAMERICAN:FJET) Trading Up 6.8% – Here’s Why

Starfighters Space, Inc. (NYSEAMERICAN:FJET) was up 6.8% during trading on Friday . The company traded as high as $5.86 and last traded at $5.68. Approximately 1,349,966 shares changed hands during mid-day trading, an increase of 11% from the average daily volume of 1,212,736 shares. The stock had previously closed at $5.32.

Starfighters Space Stock Performance

The stock’s 50 day simple moving average is $6.36.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Jane Street Group LLC acquired a new position in Starfighters Space in the fourth quarter valued at $151,000. Cerity Partners LLC acquired a new position in Starfighters Space in the fourth quarter valued at $718,000. Goldman Sachs Group Inc. acquired a new position in Starfighters Space in the fourth quarter valued at $1,322,000. Finally, Elevation Point Wealth Partners LLC acquired a new position in Starfighters Space in the fourth quarter valued at $116,000.

About Starfighters Space

The Company’s mission statement is to make space accessible to entrepreneurs, researchers, industry, and government at a high cadence and the right cost. Currently, Starfighters operates the world’s only commercial fleet of flight-ready F-104 supersonic aircraft (“Lockheed F-104”). The Lockheed F-104 was developed as a supersonic aircraft for the United States Armed Forces. The single engine interceptor was favoured for its maximum altitude and climb performance. It was the first production aircraft to reach over MACH 2 in sustained, level flight, which was one of the key criteria as to why the NASA used the Lockheed F-104 for high-speed flight research at the Dryden Flight Research Center.