Air T, Inc. (NASDAQ:AIRT) Director John A. Reeves sold 417 shares of Air T stock in a transaction that occurred on Wednesday, March 21st. The stock was sold at an average price of $26.50, for a total value of $11,050.50. Following the completion of the transaction, the director now owns 417 shares of the company’s stock, valued at approximately $11,050.50. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Air T stock opened at $26.45 on Friday. The company has a market capitalization of $54.01, a P/E ratio of 57.50 and a beta of 1.46. The company has a quick ratio of 1.52, a current ratio of 2.49 and a debt-to-equity ratio of 1.40. Air T, Inc. has a 1-year low of $14.40 and a 1-year high of $34.83.
Air T (NASDAQ:AIRT) last announced its earnings results on Wednesday, February 14th. The transportation company reported ($0.33) EPS for the quarter. The company had revenue of $44.50 million during the quarter. Air T had a return on equity of 4.14% and a net margin of 0.51%.
Air T Company Profile
Air T, Inc is a holding company. The Company operates through five segments: overnight air cargo, ground equipment sales, ground support services, printing equipment and maintenance, and leasing. The company’s overnight air cargo segment operates in the air express delivery services industry. The ground equipment sales segment manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the United States military and industrial customers.
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