Air Partner (AIR) Earns Buy Rating from Liberum Capital

Liberum Capital reaffirmed their buy rating on shares of Air Partner (LON:AIR) in a research note issued to investors on Friday morning, ThisIsMoney.Co.Uk reports.

Shares of AIR stock opened at GBX 91.60 ($1.20) on Friday. The company has a debt-to-equity ratio of 21.28, a current ratio of 1.06 and a quick ratio of 0.80. The company has a market cap of $47.53 million and a PE ratio of 17.62. Air Partner has a 1-year low of GBX 71.40 ($0.93) and a 1-year high of GBX 129 ($1.69).

The firm also recently announced a dividend, which will be paid on Thursday, July 4th. Stockholders of record on Thursday, June 6th will be paid a dividend of GBX 3.85 ($0.05) per share. This represents a dividend yield of 4.69%. This is an increase from Air Partner’s previous dividend of $1.75. The ex-dividend date is Thursday, June 6th. Air Partner’s dividend payout ratio is presently 1.15%.

In other news, insider Mark Briffa sold 34,480 shares of the company’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of GBX 79 ($1.03), for a total transaction of £27,239.20 ($35,592.84).

About Air Partner

Air Partner plc provides aviation charter, consulting, and training services worldwide. It operates through four segments: Commercial Jets, Private Jets, Freight, and Consulting & Training. The company provides commercial jet charter services for more than 20 passengers for governments, corporates, sports and entertainment teams, industrial, manufacturing customers, and tour operators; and private jet charter services for up to 19 passengers for business and leisure corporates, high net worth individuals, and governments.

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