Overall market sentiment has been high on Air Industries Group Inc (AIRI) stock lately. AIRI receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Recent trends are a good indator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With AIRI Stock Today?
Air Industries Group Inc (AIRI) stock is down -5.88% while the S&P 500 has gained 1.15% as of 1:01 PM on Wednesday, Jun 3. AIRI has fallen -$0.07 from the previous closing price of $1.19 on volume of 46,986 shares. Over the past year the S&P 500 has gained 13.55% while AIRI has gained 0.90%. AIRI lost -$0.03 per share in the over the last 12 months.
To see the top 5 stocks in the Aerospace & Defense industry click here.
More About Air Industries Group Inc
Air Industries Group is an aerospace and defense company. Its manufactures and design structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines and other components. The company also provide sheet metal fabrication of aerostructures, tube bending, and welding services. It reports into two segments namely Complex Machining, and Turbine Engine Components.
