Notable News to Watch: AAR CORP. (NYSE: AIR)

AAR CORP. (NYSE: AIR) changed -0.21% to recent value of $43.54. The stock transacted 186213 shares during most recent day however it has an average volume of 240.04K shares. It spotted trading -15.49% off 52-week high price. On the other end, the stock has been noted 19.42% away from the low price over the last 52-weeks.

AAR CORP. (NYSE: AIR) reported that its Board of Directors at its regularly scheduled meeting declared a quarterly cash dividend of $0.075 per share to its stockholders.  The dividend will be payable on November 2, 2018 to stockholders of record as of the close of business on October 22, 2018.  Future cash dividends will be subject to the approval of the Board of Directors.

About AAR

AAR is a global aftermarket solutions company that employs more than 5,500 people in over 20 countries.  Based in Wood Dale, Illinois, AAR supports commercial aviation and government customers through two operating segments: Aviation Services and Expeditionary Services.  AAR’s Aviation Services include inventory management; parts supply; OEM parts distribution; aircraft maintenance, repair and overhaul; and component repair.  AAR’s Expeditionary Services include airlift operations; mobility systems; and command and control centers in support of military and humanitarian missions.

AIR has a gross margin of 16.70%. Its earnings per share (EPS) expected to touch remained 13.60% for this year while earning per share for the next 5-years is expected to reach at 25.98%.

The company has 35.35M of outstanding shares and 33.05M shares were floated in the market. According to the most recent quarter its current ratio was 3.1 that represents company’s ability to meet its current financial obligations. The price moved ahead of -4.12% from the mean of 20 days, -4.57% from mean of 50 days SMA and performed -1.84% from mean of 200 days price. Company’s performance for the week was -5.88%, 1.85% for month and YTD performance remained 10.82%.

About the Author

Jacob Roark
Jacob Roark
Jacob Roark also covers the business news across all market sectors for mostvolatilestocks.com. He also has an enormous knowledge of stock market.  Jacob holds an MBA degree from University of Florida. He has more than 10 years of experience in writing financial and market news. He previously worked at a number of companies in different role including web developer, software engineer and product manager. He currently covers Business news section for mostvolatilestocks.com. Email Contact - Jacob@mostvolatilestocks.com.

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