AAR Corp. (AIR) Soars 4.79% on August 10

Equities Staff  |

AAR Corp. (AIR) had a good day on the market for Tuesday August 11 as shares jumped 4.79% to close at $19.67. About 272,067 shares traded hands on 3,855 trades for the day, compared with an average daily volume of n/a shares out of a total float of 35.16 million. After opening the trading day at $18.94, shares of AAR Corp. stayed within a range of $19.94 to $18.89.

With today's gains, AAR Corp. now has a market cap of $691.51 million. Shares of AAR Corp. have been trading within a range of $52.78 and $8.57 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

AAR Corp is engaged in providing products and services to aviation, government, and defense market. It operates in two segments namely Aviation Services and Expeditionary Services. The Aviation Services segment consists of aftermarket support and services businesses that provide spares and maintenance support for aircraft operated by it's commercial and government/defense customers. The Expeditionary Services segment consists of businesses that provide products and services supporting the movement of equipment and personnel by the U.S. Department of Defense, foreign governments, and non-governmental organizations. It generates a majority of its revenue from the Aviation Services Segment.

AAR Corp. is based out of Wood Dale, IL and has some 5,400 employees. Its CEO is John M. Holmes.

For a complete fundamental analysis of AAR Corp., check out Equities.com’s Stock Valuation Analysis report for AIR.

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AAR Corp. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on AAR Corp. and to follow the company’s latest updates, you can visit the company’s profile page here: AIR’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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