Air T (NASDAQ:AIRTP) Stock Price Up 2.3% – Still a Buy?

Air T, Inc. (NASDAQ:AIRTPGet Free Report) shot up 2.3% during trading on Thursday . The stock traded as high as $17.50 and last traded at $17.49. 1,435 shares traded hands during trading, a decline of 5% from the average session volume of 1,503 shares. The stock had previously closed at $17.10.

Air T Stock Performance

The firm has a 50-day simple moving average of $17.48 and a two-hundred day simple moving average of $17.36.

About Air T

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Air T, Inc, through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx.

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