AIRTP Stock Summary and Trading Ideas (Air T, Inc. - Trust Preferred Securities | NASDAQ:AIRTP)

Air T, Inc. - Trust Preferred Securities trades on the NASDAQ stock market under the symbol AIRTP.

As of April 24, 2024, AIRTP stock price was flat at $17.47 with million shares trading.

AIRTP has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

In the last 3 years, AIRTP stock traded as high as $26.50 and as low as $14.69.

AIRTP has underperformed the market in the last year with a return of -12.7%, while the SPY ETF gained +24.2%. In the last 3 month period, AIRTP fell short of the market, returning +1.0%, while SPY returned +4.6%. However, in the most recent 2 weeks AIRTP has outperformed the stock market by returning +4.9%, while SPY returned -2.7%.

AIRTP support price is $16.60 and resistance is $18.34 (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 AIRTP stock will trade within this expected range on the day.