The stock has a 36-month beta value of 0.32. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AIRI is 2.47M, and at present, short sellers hold a 0.63% of that float. On November 15, 2024, the average trading volume of AIRI was 1.21M shares.
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AIRI) stock’s latest price update
Air Industries Group (AMEX: AIRI) has experienced a decline in its stock price by -17.70 compared to its previous closing price of 5.82. However, the company has seen a fall of -18.95% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-14 that Air Industries Group (NYSE:AIRI ) Q3 2024 Earnings Conference Call November 14, 2024 4:30 PM ET Company Participants Lou Melluzzo – President and Chief Executive Officer Scott Glassman – Chief Financial Officer, Principal Accounting Officer and Secretary of the Company Conference Call Participants Jaime Perez – R.F. Lafferty & Company Operator Hello, and welcome to the Air Industries Group Third Quarter 2024 Earnings Conference Call.
AIRI’s Market Performance
AIRI’s stock has fallen by -18.95% in the past week, with a monthly drop of -21.60% and a quarterly rise of 27.06%. The volatility ratio for the week is 9.44% while the volatility levels for the last 30 days are 6.17% for Air Industries Group The simple moving average for the past 20 days is -18.01% for AIRI’s stock, with a -0.87% 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 -18.61% 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 -49.26% of loss for the given period.
Volatility was left at 6.17%, however, over the last 30 days, the volatility rate increased by 9.44%, as shares sank -25.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.30% lower at present.
During the last 5 trading sessions, AIRI fell by -18.95%, which changed the moving average for the period of 200-days by +26.05% in comparison to the 20-day moving average, which settled at $5.84. In addition, Air Industries Group saw 47.38% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AIRI starting from TAGLICH ROBERT, who sale 7,015 shares at the price of $7.00 back on Sep 13 ’24. After this action, TAGLICH ROBERT now owns 16,980 shares of Air Industries Group, valued at $49,105 using the latest closing price.
TAGLICH MICHAEL N, the Director of Air Industries Group, sale 7,015 shares at $7.00 during a trade that took place back on Sep 13 ’24, which means that TAGLICH MICHAEL N is holding 16,980 shares at $49,105 based on the most recent closing price.
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 -0.03. The total capital return value is set at 0.01. Equity return is now at value -9.83, with -2.93 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 0.15. The debt to equity ratio resting at 1.67. The interest coverage ratio of the stock is 0.15.
Currently, EBITDA for the company is 2.75 million with net debt to EBITDA at 9.06. When we switch over and look at the enterprise to sales, we see a ratio of 0.8. The receivables turnover for the company is 6.82for trailing twelve months and the total asset turnover is 1.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.46.
Conclusion
To sum up, Air Industries Group (AIRI) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
