Saker Aviation Services (OTCMKTS:SKAS) Trading 5.8% Higher – Should You Buy?

Saker Aviation Services Inc. (OTCMKTS:SKASGet Free Report)’s share price shot up 5.8% on Friday . The stock traded as high as $7.25 and last traded at $7.25. Approximately 1,705 shares changed hands during mid-day trading, an increase of 2,863% from the average daily volume of 58 shares. The stock had previously closed at $6.85.

Saker Aviation Services Price Performance

The company has a market cap of $7.32 million, a P/E ratio of -17.26 and a beta of -0.09. The stock’s 50-day moving average price is $6.79 and its 200-day moving average price is $7.10.

Saker Aviation Services (OTCMKTS:SKASGet Free Report) last announced its earnings results on Monday, November 3rd. The company reported ($0.16) earnings per share (EPS) for the quarter.

Saker Aviation Services Company Profile

(Get Free Report)

Saker Aviation Services, Inc, through its subsidiaries, operates in the aviation services segment of the general aviation industry in the United States. It serves as the operator of a Downtown Manhattan (New York) Heliport. The company was formerly known as FirstFlight, Inc and changed its name to Saker Aviation Services, Inc in September 2009. Saker Aviation Services, Inc is headquartered in New York, New York.

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