Investment analysts at StockNews.com began coverage on shares of Air Industries Group (NYSE:AIRI – Get Rating) in a note issued to investors on Friday. The firm set a "hold" rating on the stock.
Air Industries Group Price Performance
Air Industries Group stock opened at $3.78 on Friday. Air Industries Group has a 52 week low of $3.46 and a 52 week high of $8.40. The company has a current ratio of 1.76, a quick ratio of 0.38 and a debt-to-equity ratio of 0.58. The company has a market cap of $12.25 million, a price-to-earnings ratio of 8.22 and a beta of 0.89.
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Air Industries Group is an integrated tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications and is a prime contractor to the U.S. Department of Defense. The company is regarded for its expertise in manufacturing parts and assemblies that are vital for flight safety and performance, including landing gear, arresting gear, engine mounts, flight controls, and jet engine components.
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