Air Industries Group [AMEX: AIRI] price surged by 14.89 percent to reach at $0.49.
A sum of 28255087 shares traded at recent session while its average daily volume was at 27.66K shares. Air Industries Group shares reached a high of $4.17 and dropped to a low of $3.61 until finishing in the latest session at $3.78.
The one-year AIRI stock forecast points to a potential upside of 41.85. The average equity rating for AIRI stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Air Industries Group [AIRI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AIRI shares is $6.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AIRI stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
ROTH Capital have made an estimate for Air Industries Group shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 31, 2017.
The Price to Book ratio for the last quarter was 0.91, with the Price to Cash per share for the same quarter was set at 0.07.
AIRI Stock Performance Analysis:
Air Industries Group [AIRI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.17. With this latest performance, AIRI shares gained by 6.48% in over the last four-week period, additionally sinking by -12.09% over the last 6 months – not to mention a drop of -7.13% in the past year of trading.
Insight into Air Industries Group Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Air Industries Group [AIRI] shares currently have an operating margin of -0.05% and a Gross Margin at 15.73%. Air Industries Group’s Net Margin is presently recorded at -3.10%.
Return on Equity for this stock declined to -3.34%, with Return on Assets sitting at -3.34%.
Air Industries Group [AIRI] Institutonal Ownership Details
There are presently around $6.26%, or 8.23% of AIRI stock, in the hands of institutional investors. The top three institutional holders of AIRI stocks are: VANGUARD GROUP INC with ownership of 53709.0 shares, which is approximately 1.6184%. GEODE CAPITAL MANAGEMENT, LLC, holding 16565.0 shares of the stock with an approximate value of $$57520.0 in AIRI stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $$9567.0 in AIRI stock with ownership which is approximately 0.0831%.
