Keep an eye on Active stock: Aircastle Limited (NYSE:AYR)

Aircastle Limited (NYSE:AYR) closed with change of 0.09% to $21.52 with the total traded volume of 1155670 shares versus to an average volume of 507.26K. The stock was down in the 5 days activity -1.24%. The one month performance of stock was 8.80%. AYR shares are at 9.63% for the quarter and driving a -3.84% return over the course of the past year and is now at -7.99% since this point in 2018.

Right now AYR beta is 1.85. The average volatility for the week and month was at 2.09% 2.52% respectively. There are 78.17M shares outstanding and 55.18M shares are floated in market. 111 employees work in the Company. It has market cap of $1.68B and dividend yield of 5.20%.

Aircastle Limited (NYSE:AYR) reported that Fitch Ratings has assigned the Company a long-term issuer default rating of BBB- with a stable outlook.

Mike Inglese, Aircastle’s Chief Executive Officer, stated, “We are very pleased to have obtained our second investment grade credit rating from a nationally recognized credit rating agency, Fitch Ratings.  Combined with our recent ratings upgrade to investment grade from Standard and Poor’s, this significant milestone improves our funding efficiency and expands our access within the global credit markets.”  Mr. Inglese continued, “As one of the leading players in the secondary market, Aircastle is well positioned to grow in a disciplined manner, and our upgraded credit ratings enhance the Company’s ability to continue its long-term, profitable growth and value creation for our investors.”

Shares of Aircastle Limited have been recently spotted trading -14.94% off of the 52-week high price. On the other end, company shares have been noted 13.44% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 18.97 – 25.30. Switching over to some distances from popular moving averages, we see that the stock has been recorded 4.69% away from the 50 day moving average and -2.61% away from the 200 day moving average. Moving closer, we can see that shares have been trading 0.32% off of the 20-day moving average.

  • Rocky Gerdes
    Before joining, Rocky Gerdes worked as a freelance writer. He has more than 10 years’ experience in journalism and public relations. His experience in public relations includes press releases, promotional materials, and working with media outlets. He also has professional experience writing news, technology, and business stories. Rocky learned CFA Level 2 from CFA Institute (USA). He has worked in diverse capacities from financial research to currency trading in a span of 3 years. Rocky covers Business news section. Email Contact: Rocky@stockdigest.info

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