Air Industries Group (AMEX: AIRI) has experienced a decline in its stock price by -8.90 compared to its previous closing price of 5.70. However, the company has seen a gain of 8.18% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-01 that Air Industries Group (AIRI) Q4 2023 Earnings Call Transcript
Is It Worth Investing in Air Industries Group (AMEX: AIRI) Right Now?
The 36-month beta value for AIRI is at 0.52. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AIRI is 2.45M, and currently, shorts hold a 0.29% of that float. The average trading volume for AIRI on April 19, 2024 was 12.22K shares.
AIRI’s Market Performance
AIRI’s stock has seen a 8.18% increase for the week, with a 10.25% rise in the past month and a 49.73% gain in the past quarter. The volatility ratio for the week is 13.21%, and the volatility levels for the past 30 days are at 8.77% for Air Industries Group The simple moving average for the past 20 days is 4.51% for AIRI’s stock, with a 46.89% simple moving average for the past 200 days.
Analysts’ Opinion of AIRI
Many brokerage firms have already submitted their reports for AIRI stocks, with ROTH Capital repeating the rating for AIRI by listing it as a “Buy.” The predicted price for AIRI in the upcoming period, according to ROTH Capital is $1.75 based on the research report published on August 31, 2017 of the previous year 2017.
AIRI Trading at 12.40% from the 50-Day Moving Average
After a stumble in the market that brought AIRI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.47% of loss for the given period.
Volatility was left at 8.77%, however, over the last 30 days, the volatility rate increased by 13.21%, as shares surge +7.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.10% upper at present.
During the last 5 trading sessions, AIRI rose by +8.18%, which changed the moving average for the period of 200-days by +50.51% in comparison to the 20-day moving average, which settled at $4.99. In addition, Air Industries Group saw 59.78% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AIRI
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.14 for the gross margin
The net margin for Air Industries Group stands at -0.04. The total capital return value is set at -0.01. Equity return is now at value -13.31, with -4.08 for asset returns.
Based on Air Industries Group (AIRI), the company’s capital structure generated 0.63 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 1.7. The interest coverage ratio of the stock is -0.15.
Currently, EBITDA for the company is 2.12 million with net debt to EBITDA at 9.91. When we switch over and look at the enterprise to sales, we see a ratio of 0.83. The receivables turnover for the company is 6.29for trailing twelve months and the total asset turnover is 1.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.46.
Conclusion
In conclusion, Air Industries Group (AIRI) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
