Air T (NASDAQ:AIRTP) Stock Breaks Below 50 Day Moving Average – What’s Next?

Air T, Inc. (NASDAQ:AIRTP – Get Free Report)’s share price crossed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $18.83 and traded as low as $18.23. Air T shares last traded at $18.3350, with a volume of 5,372 shares traded.

Air T Trading Down 2.9%

The stock’s fifty day simple moving average is $18.83 and its 200-day simple moving average is $19.24.

Air T Company Profile

(Get Free Report)

Air T, Inc. is a diversified holding company focused primarily on aviation-related businesses. Founded in 1980 and headquartered in Maiden, North Carolina, it operates through subsidiaries that provide services and equipment to airlines, airports and other aviation customers. The company’s activities include regional air cargo transportation, aircraft ground support equipment manufacturing, and the trading, leasing and support of commercial aircraft, engines and related parts. Its ground support products include specialized equipment used to service aircraft at airports.

Further Reading

Receive News & Ratings for Air T Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air T and related companies with MarketBeat.com's FREE daily email newsletter.