GSA Capital Partners LLP Makes New Investment in Mesa Air Group, Inc. $RJET

GSA Capital Partners LLP purchased a new stake in shares of Mesa Air Group, Inc. (NASDAQ:RJET) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 42,952 shares of the company’s stock, valued at approximately $56,000.

Separately, Par Capital Management Inc. bought a new stake in shares of Mesa Air Group in the second quarter worth $2,091,000. 13.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised Mesa Air Group to a “hold” rating in a report on Saturday, December 13th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Mesa Air Group Trading Down 0.7%

Shares of RJET opened at $21.58 on Tuesday. The firm’s fifty day simple moving average is $18.98 and its two-hundred day simple moving average is $19.86. Mesa Air Group, Inc. has a 12 month low of $10.22 and a 12 month high of $25.80. The stock has a market capitalization of $602.73 million, a P/E ratio of -3.57 and a beta of 1.59.

About Mesa Air Group

Mesa Air Group, Inc is a regional airline holding company headquartered in Phoenix, Arizona. The company provides feeder air transportation services under capacity purchase agreements with major carriers in the United States, operating as an affiliate of American Airlines and United Airlines. Mesa Air Group’s operations are conducted through two wholly owned subsidiaries, Mesa Airlines and Mokulele Airlines, which serve domestic markets on a scheduled basis.

Mesa Airlines is the company’s primary regional carrier.