Air Industries Group (AIRI) saw a big move on Friday, as the company’s shares fell over 11% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session This continues the recent downtrend for AIRI, as the stock is now down over 8% in the past one-month time frame.
The aerospace and defense company has seen a mixed track record when it comes to current year estimate revisions over the past few weeks with no change, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.
AIRI currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0%.
Some better-ranked stocks in the same sector include Embraer SA (ERJ), Leidos Holdings, Inc. (LDOS) and American Science & Engineering Inc. (ASEI). All these stocks hold a Zacks Rank #2 (Buy).
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AIR INDUSTRIES GROUP INC (AIRI): Free Stock Analysis Report
EMBRAER SA (ERJ): Free Stock Analysis Report
LEIDOS HOLDINGS INC (LDOS): Free Stock Analysis Report
AMER SCIENCE & ENGINEERING (ASEI): Free Stock Analysis Report
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