AIRS Stock Summary and Trading Ideas (Airsculpt Technologies | NASDAQ:AIRS)

AirSculpt Technologies Inc is a national provider of body contouring procedures delivering a premium consumer experience under its brand Elite Body Sculpture. At Elite Body Sculpture, company provide custom body contouring using proprietary AirSculpt method that removes unwanted fat in a minimally invasive procedure.

Airsculpt Technologies trades on the NASDAQ stock market under the symbol AIRS.

As of September 18, 2024, AIRS stock price climbed to $4.43 with 91,766 million shares trading.

AIRS has a beta of 1.09, meaning it tends to be more sensitive to market movements. AIRS has a correlation of 0.05 to the broad based SPY ETF.

AIRS has a market cap of $255.03 million. This is considered a Small Cap stock.

Last quarter Airsculpt Technologies reported $51 million in Revenue and $.09 earnings per share. This fell short of revenue expectation by $-4 million and exceeded earnings estimates by $.05.

The top ETF exchange traded funds that AIRS belongs to (by Net Assets): VTI, IWM, VXF, IWO, SCHA.

AIRS stock has underperformed the market in the last year with a return of -39.7%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AIRS shares. However, AIRS has outperformed the market in the last 3 month and 2 week periods, returning +11.0% and +16.3%, while SPY returned +2.9% and +1.7%, respectively. This indicates AIRS has been having a stronger performance recently.

AIRS support price is $4.06 and resistance is $4.62 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AIRS stock will trade within this expected range on the day.