Starfighters Space (NYSEAMERICAN:FJET) Trading Up 6.8% – Here’s What Happened

Shares of Starfighters Space, Inc. (NYSEAMERICAN:FJET) were up 6.8% on Friday . The stock traded as high as $5.86 and last traded at $5.68. Approximately 1,349,966 shares traded hands during mid-day trading, an increase of 11% from the average daily volume of 1,212,736 shares. The stock had previously closed at $5.32.

Starfighters Space Stock Up 6.8%

The company’s 50 day moving average price is $6.36.

Institutional Investors Weigh In On Starfighters Space

Large investors have recently added to or reduced their stakes in the business. Elevation Point Wealth Partners LLC grew its stake in Starfighters Space by 36.6% during the first quarter. Elevation Point Wealth Partners LLC now owns 13,660 shares of the company’s stock worth $81,000 after purchasing an additional 3,660 shares during the period. Jane Street Group LLC acquired a new stake in Starfighters Space during the fourth quarter worth approximately $151,000. Cerity Partners LLC acquired a new stake in Starfighters Space during the fourth quarter worth approximately $718,000. Finally, Goldman Sachs Group Inc. acquired a new stake in Starfighters Space during the fourth quarter worth approximately $1,322,000.

Starfighters Space Company Profile

The Company’s mission statement is to make space accessible to entrepreneurs, researchers, industry, and government at a high cadence and the right cost. Currently, Starfighters operates the world’s only commercial fleet of flight-ready F-104 supersonic aircraft (“Lockheed F-104”). The Lockheed F-104 was developed as a supersonic aircraft for the United States Armed Forces. The single engine interceptor was favoured for its maximum altitude and climb performance. It was the first production aircraft to reach over MACH 2 in sustained, level flight, which was one of the key criteria as to why the NASA used the Lockheed F-104 for high-speed flight research at the Dryden Flight Research Center.