In the last trading session, 1.84 million shares of the Air Industries Group (AMEX:AIRI) were traded, and its beta was 0.27. Most recently the company’s share price was $6.37, and it changed around -$0.8 or -11.16% from the last close, which brings the market valuation of the company to $21.28M. AIRI currently trades at a discount to its 52-week high of $9.44, offering almost -48.19% off that amount. The share price’s 52-week low was $2.60, which indicates that the current value has risen by an impressive 59.18% since then. We note from Air Industries Group’s average daily trading volume that its 10-day average is 7.06 million shares, with the 3-month average coming to 1.11 million.
Air Industries Group stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended AIRI as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Air Industries Group is expected to report earnings per share of -0.12 for the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Air Industries Group (AMEX:AIRI) trade information
Instantly AIRI has showed a red trend with a performance of -11.16% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 9.44 on recent trading dayincreased the stock’s daily price by 32.52%. The company’s shares are currently up 96.00% year-to-date, but still up 68.97% over the last five days. On the other hand, Air Industries Group (AMEX:AIRI) is 76.94% up in the 30-day period. We can see from the shorts that 4570.0 shares have been sold at a short interest cover period of 0.3 day(s).
Air Industries Group (AIRI) estimates and forecasts
Air Industries Group share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 31.07 percent over the past six months and at a 0.00% annual growth rate that is well below the industry average of 11.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 70.00% in revenue this quarter, and will report a decrease of -266.70% in the next quarter. The year-over-year growth rate is expected to be 2.90%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 13.25M in revenue for the current quarter. 1 analysts expect Air Industries Group to make 13.7M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 12.29M and 13.47M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 7.80%. Forecasts for the next quarter put sales growth at 1.70%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 30.33%.
AIRI Dividends
Air Industries Group’s next quarterly earnings report is expected to be released in September.
Air Industries Group (AMEX:AIRI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 27.19% of Air Industries Group shares, and 2.71% of them are in the hands of institutional investors. The stock currently has a share float of 3.72%.
Vanguard Extended Market Index Fund and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Mar 31, 2024 . The former held 53.71 shares worth $0.34 million, making up 1.61% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 47.34 shares worth around $0.3 million, which represents about 1.42% of the total shares outstanding.
