Airship AI (NASDAQ:AISP) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Airship AI (NASDAQ:AISP) from a sell rating to a hold rating in a report published on Saturday morning,Wall Street Zen reports.

Several other research analysts have also recently weighed in on the stock. Zacks Research raised shares of Airship AI from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 14th. Weiss Ratings upgraded shares of Airship AI from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, August 21st. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $6.50.

Airship AI Stock Performance

NASDAQ:AISP opened at $2.05 on Friday. Airship AI has a one year low of $1.68 and a one year high of $7.20. The stock has a market cap of $70.60 million, a PE ratio of 3.06 and a beta of 0.61. The stock has a 50 day moving average price of $2.07 and a 200 day moving average price of $2.38.

Airship AI (NASDAQ:AISP) last released its quarterly earnings data on Thursday, August 6th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). Airship AI had a negative return on equity of 19.13% and a net margin of 144.60%.The company had revenue of $4.12 million for the quarter, compared to analyst estimates of $5.00 million. As a group, analysts predict that Airship AI will post -0.06 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Airship AI

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Hsbc Holdings PLC purchased a new position in shares of Airship AI during the 2nd quarter worth $96,000. BlackRock Inc. acquired a new position in Airship AI in the second quarter valued at about $916,000. Bank of New York Mellon Corp acquired a new position in Airship AI in the second quarter valued at about $76,000. Lazard Asset Management LLC purchased a new position in Airship AI during the first quarter worth about $419,000. Finally, Sei Investments Co. purchased a new position in Airship AI during the first quarter worth about $84,000. Hedge funds and other institutional investors own 5.89% of the company’s stock.

Airship AI Company Profile

Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding. It serves government, public sector, law enforcement, military, and commercial enterprise organizations.