Air Transport Services Group Inc (NASDAQ: ATSG) On Tuesday, started off the session at the price of On Tuesday, remained unchanged from the previous trading day, before settling in for the closing price of $21.97. Within the past 52 weeks, ATSG’s price has moved between $11.62 and $22.27.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 20.10%. The company achieved an average annual earnings per share of -46.03%. With a float of $51.08 million, this company’s outstanding shares have now reached $65.24 million.
The extent of productivity of a business whose workforce counts for 5095 workers is very important to gauge. In terms of profitability, gross margin is 14.14%, operating margin of 6.25%, and the pretax margin is 0.12%.
Air Transport Services Group Inc (ATSG) Insider Updates
Observing investor behavior towards Airlines industry stocks is more important than anything else. The insider ownership of Air Transport Services Group Inc is 22.32%, while institutional ownership is 81.04%. The most recent insider transaction that took place on Jun 07 ’24, was worth 49,830. In this transaction Chief Executive Officer of this company bought 3,996 shares at a rate of $12.47, taking the stock ownership to the 103,705 shares. Before that another transaction happened on Jun 07 ’24, when Company’s Executive Chairman bought 5,000 for $12.81, making the entire transaction worth $64,058. This insider now owns 594,302 shares in total.
Air Transport Services Group Inc (ATSG) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.18 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.28) by -0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -46.03% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.50% during the next five years compared to -4.66% drop over the previous five years of trading.
Air Transport Services Group Inc (NASDAQ: ATSG) Trading Performance Indicators
Air Transport Services Group Inc (ATSG) is currently performing well based on its current performance indicators. A quick ratio of 0.68 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.74. Likewise, its price to free cash flow for the trailing twelve months is 15.38.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.04, a number that is poised to hit 0.28 in the next quarter and is forecasted to reach 1.05 in one year’s time.
Technical Analysis of Air Transport Services Group Inc (ATSG)
The latest stats from [Air Transport Services Group Inc, ATSG] show that its last 5-days average volume of 1.17 million was superior to 0.64 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 14.05%. Additionally, its Average True Range was 0.44.
During the past 100 days, Air Transport Services Group Inc’s (ATSG) raw stochastic average was set at 96.71%, which indicates a significant increase from 94.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.23% in the past 14 days, which was higher than the 59.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.35, while its 200-day Moving Average is $14.79. Now, the first resistance to watch is $21.99. This is followed by the second major resistance level at $22.02. The third major resistance level sits at $22.05. If the price goes on to break the first support level at $21.93, it is likely to go to the next support level at $21.90. Assuming the price breaks the second support level, the third support level stands at $21.87.
Air Transport Services Group Inc (NASDAQ: ATSG) Key Stats
Market capitalization of the company is 1.44 billion based on 65,760K outstanding shares. Right now, sales total 2,071 M and income totals 60,330 K. The company made 471,250 K in profit during its latest quarter, and -3,330 K in sales during its previous quarter.
