Saker Aviation Services (OTCMKTS:SKAS) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

Saker Aviation Services, Inc. (OTCMKTS:SKASGet Free Report)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $9.54 and traded as low as $7.88. Saker Aviation Services shares last traded at $7.88, with a volume of 100 shares.

Saker Aviation Services Stock Performance

The stock has a fifty day simple moving average of $9.43 and a two-hundred day simple moving average of $10.28. The stock has a market cap of $7.85 million, a PE ratio of 5.59 and a beta of 0.56.

About Saker Aviation Services

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Saker Aviation Services, Inc, through its subsidiaries, operates in the aviation services segment of the general aviation industry in the United States. It serves as the operator of a Downtown Manhattan (New York) Heliport. The company was formerly known as FirstFlight, Inc and changed its name to Saker Aviation Services, Inc in September 2009.

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