Saker Aviation Services (OTCMKTS:SKAS) Shares Break Below 50 Day Moving Average – Should You Sell?

Shares of Saker Aviation Services Inc. (OTCMKTS:SKAS – Get Free Report) crossed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $6.42 and traded as low as $5.87. Saker Aviation Services shares last traded at $5.90, with a volume of 11,000 shares.

Saker Aviation Services Stock Performance

The company has a market cap of $5.96 million, a P/E ratio of -10.54 and a beta of -0.14. The company’s 50-day moving average price is $6.41 and its two-hundred day moving average price is $6.58.

Saker Aviation Services (OTCMKTS:SKAS – Get Free Report) last issued its quarterly earnings results on Friday, August 14th. The company reported ($0.02) EPS for the quarter. The firm had revenue of $0.01 million for the quarter.

About Saker Aviation Services

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