Mesa Air Group (NASDAQ:MESA) Shares Up 4.4% – Here’s What Happened

Mesa Air Group, Inc. ( NASDAQ:MESA – Get Free Report ) shares shot up 4.4% during trading on Tuesday .

The stock traded as high as $1.03 and last traded at $1.02.



333,818 shares traded hands during trading, a decline of 48% from the average session volume of 642,566 shares. The stock had previously closed at $0.98.

Mesa Air Group Trading Up 4.4 % The firm has a market capitalization of $42.14 million, a price-to-earnings ratio of -0.

44 and a beta of 3.12. The company has a debt-to-equity ratio of 2.

13, a current ratio of 0.45 and a quick ratio of 0.29.

The firm’s 50-day simple moving average is $1.02 and its 200 day simple moving average is $1.24.

Mesa Air Group ( NASDAQ:MESA – Get Free Report ) last posted its earnings results on Wednesday, October 16th. The company reported ($0.23) earnings per share for the quarter.

The company had revenue of $110.79 million for the quarter. Mesa Air Group had a negative return on equity of 32.

45% and a negative net margin of 19.86%. Institutional Investors Weigh In On Mesa Air Group About Mesa Air Group ( Get Free Report ) Mesa Air Group, Inc operates as the holding company for Mesa Airlines, Inc that provides regional air carrier scheduled passenger services.

The company offers scheduled flight and cargo services. As of September 30, 2023, it operated a fleet of 80 aircraft with approximately 296 daily departures to 86 cities in the United States and Mexico. Featured Stories Five stocks we like better than Mesa Air Group What Does a Gap Up Mean in Stocks? How to Play the Gap Cerence Up 155% in 2 Days: SoundHound AI’s Fierce Competitor What is a Dividend King? Why Warren Buffett Is Selling: A Look at His Latest Market Moves What Does Downgrade Mean in Investing? Why Amazon Shares May Never Trade Below $200 Again Receive News & Ratings for Mesa Air Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mesa Air Group and related companies with MarketBeat.

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