Air Transport Services Group Inc (NASDAQ: ATSG) kicked off on Friday, down -0.18% from the previous trading day, before settling in for the closing price of $21.94. Over the past 52 weeks, ATSG has traded in a range of $11.62-$22.33.
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A company in the Industrials sector has jumped its sales by 20.10% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -46.03%. With a float of $51.10 million, this company’s outstanding shares have now reached $65.76 million.
In an organization with 5095 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 8.87%, operating margin of 6.25%, and the pretax margin is 0.12%.
Air Transport Services Group Inc (ATSG) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Airlines Industry. The insider ownership of Air Transport Services Group Inc is 22.29%, while institutional ownership is 81.02%. 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
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
Take a look at Air Transport Services Group Inc’s (ATSG) current performance indicators. Last quarter, stock had a quick ratio of 0.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.73. Likewise, its price to free cash flow for the trailing twelve months is 15.30.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 2.45 million. That was better than the volume of 0.69 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 6.16%. Additionally, its Average True Range was 0.22.
During the past 100 days, Air Transport Services Group Inc’s (ATSG) raw stochastic average was set at 95.31%, which indicates a significant increase from 1.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 8.71% in the past 14 days, which was lower than the 57.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.59, while its 200-day Moving Average is $15.47. However, in the short run, Air Transport Services Group Inc’s stock first resistance to watch stands at $21.93. Second resistance stands at $21.97. The third major resistance level sits at $21.98. If the price goes on to break the first support level at $21.88, it is likely to go to the next support level at $21.87. Assuming the price breaks the second support level, the third support level stands at $21.83.
Air Transport Services Group Inc (NASDAQ: ATSG) Key Stats
The company with the Market Capitalisation of 1.44 billion has total of 65,760K Shares Outstanding. Its annual sales at the moment are 2,071 M in contrast with the sum of 60,330 K annual income. Company’s last quarter sales were recorded 471,250 K and last quarter income was -3,330 K.
