Air T Inc Stock Today
| AIRT Stock | USD 16.96 0.16 0.95% |
Performance0 of 100
| Odds Of DistressLess than 29
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Air T is selling for under 16.96 as of the 30th of October 2024; that is 0.95 percent increase since the beginning of the trading day. The stock's last reported lowest price was 16.51. Air T has about a 29 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Air T Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of September 2024 and ending today, the 30th of October 2024. Click here to learn more.
Business Domain Transportation | IPO Date 24th of April 1984 | Category Industrials |
Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina. Air T operates under Integrated Freight Logistics classification in the United States and is traded on NASDAQ Exchange. The company has 2.76 M outstanding shares of which 27.28 K shares are presently shorted by private and institutional investors with about 1.23 trading days to cover. More on Air T Inc
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Air Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Nicholas Swenson | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Air Freight & Logistics, Transportation, Industrials, NASDAQ Composite, NASDAQ Composite Total, Industrials, Air Freight & Logistics, Integrated Freight & Logistics, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsAir T can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Air T's financial leverage. It provides some insight into what part of Air T's total assets is financed by creditors.
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Air T Inc (AIRT) is traded on NASDAQ Exchange in USA. It is located in 11020 David Taylor Drive, Charlotte, NC, United States, 28262 and employs 624 people. Air T is listed under Air Freight & Logistics category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 46.81 M. Air T Inc conducts business under Air Freight & Logistics sector and is part of Industrials industry. The entity has 2.76 M outstanding shares of which 27.28 K shares are presently shorted by private and institutional investors with about 1.23 trading days to cover.
Air T Inc currently holds about 8.09 M in cash with 17.18 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.82.
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Ownership AllocationThe market capitalization of Air T Inc is $46.81 Million. Air T Inc retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
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Air Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Wells Fargo & Co | 2024-06-30 | 1.0 | |
| Tower Research Capital Llc | 2024-06-30 | 0.0 | |
| Dimensional Fund Advisors, Inc. | 2024-06-30 | 0.0 | |
| Renaissance Technologies Corp | 2024-06-30 | 118.5 K | |
| Vanguard Group Inc | 2024-06-30 | 52.8 K | |
| Bridgeway Capital Management, Llc | 2024-06-30 | 17.2 K | |
| Geode Capital Management, Llc | 2024-06-30 | 12.3 K | |
| Ubs Group Ag | 2024-06-30 | 5.6 K | |
| Blackrock Inc | 2024-06-30 | 2.3 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 2 K | |
| Comerica Bank | 2024-06-30 | 100.0 |
Air T Historical Income Statement
Air Stock Against Markets
Air T Corporate Management
| Sebastian Lourier | Principal Partners | Profile | |
| Dave Bixler | LLC Yard | Profile | |
| Richard Lee | I Solutions | Profile | |
| Kevin Milligan | Principal Partners | Profile | |
| Mark Jundt | Secretary Counsel | Profile | |
| Cheryl Sigmon | Chief Segment | Profile |
Already Invested in Air T Inc?
The danger of trading Air T Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Air T is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Air T. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Air T Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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When running Air T's price analysis, check to measure Air T's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air T is operating at the current time. Most of Air T's value examination focuses on studying past and present price action to predict the probability of Air T's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air T's price. Additionally, you may evaluate how the addition of Air T to your portfolios can decrease your overall portfolio volatility.