Air Industries Group (NASDAQ:AIRI) Stock Price Down 1%

Shares of Air Industries Group (NASDAQ:AIRI) fell 1% on Thursday . The stock traded as low as $0.98 and last traded at $1.00. 4,865 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 27,129 shares. The stock had previously closed at $1.01.

Separately, Taglich Brothers reiterated a “speculative buy” rating on shares of Air Industries Group in a research report on Wednesday, April 10th.

The stock’s 50-day moving average is $1.07.

Air Industries Group (NASDAQ:AIRI) last announced its quarterly earnings data on Friday, May 10th. The company reported ($0.03) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.01. The company had revenue of $13.88 million during the quarter, compared to the consensus estimate of $12.50 million.

Air Industries Group Company Profile (NASDAQ:AIRI)

Air Industries Group, an aerospace and defense company, designs and manufactures structural parts and assemblies that focus on flight safety. The company operates through three segments: Complex Machining, Aerostructures & Electronics, and Turbine Engine Components. It offers landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines, and other components; sheet metal fabrication of aero structures; and tube bending and welding services.

Recommended Story: What are earnings reports?

Receive News & Ratings for Air Industries Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air Industries Group and related companies with MarketBeat.com's FREE daily email newsletter.