Sky Harbour Group (NYSEAMERICAN:SKYH) Trading Down 3.2%

Sky Harbour Group Co. (NYSEAMERICAN:SKYH)’s share price fell 3.2% during trading on Monday . The company traded as low as $11.78 and last traded at $11.79. 2,727 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 24,654 shares. The stock had previously closed at $12.18.

Sky Harbour Group Trading Down 2.2 %

Sky Harbour Group (NYSEAMERICAN:SKYH) last posted its earnings results on Tuesday, May 14th. The company reported ($0.11) earnings per share for the quarter. Sky Harbour Group had a negative net margin of 325.99% and a negative return on equity of 12.00%. The company had revenue of $2.40 million during the quarter, compared to the consensus estimate of $3.06 million.

Institutional Trading of Sky Harbour Group

A hedge fund recently bought a new stake in Sky Harbour Group stock. Caprock Group LLC bought a new position in shares of Sky Harbour Group Co. (NYSEAMERICAN:SKYH) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 13,000 shares of the company’s stock, valued at approximately $126,000. 14.75% of the stock is owned by institutional investors and hedge funds.

About Sky Harbour Group

Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company is based in White Plains, New York.