Mesa Air Group (MESA) is a company that provides scheduled passenger and airfreight services. They operate as regional carriers servicing 184 cities in 45 states commanding a fleet of 182 aircrafts.
Recently, Mesa Air Group announced the creation of a joint venture between go! and Mokulele. The company has also recently announced its approval for its transfer to the NASDAQ capital market.
Currently, the stock is priced around $0.12. The company has about 146 million outstanding shares issued which is a fair value. The revenue reported on the 2nd quarter ending in June was about $228.39 Million with Gross Profit of about $26.81 Million.
Total assets reported were about $894.13M and equity was listed at $93.66M. The earnings per share was at a value of -0.78.
On Wednesday, December 23, 2009, the stock traded at higher than normal volume with an increase in stock price from about $0.11 to $0.13. However, it is currently back down to $0.12.Is this the start of a new uptrend or was that just a spike? The only way to find out is to keep an eye on the stock by adding it to your watchlist.
Recently, Mesa Air Group announced the creation of a joint venture between go! and Mokulele. The company has also recently announced its approval for its transfer to the NASDAQ capital market.
Currently, the stock is priced around $0.12. The company has about 146 million outstanding shares issued which is a fair value. The revenue reported on the 2nd quarter ending in June was about $228.39 Million with Gross Profit of about $26.81 Million.
Total assets reported were about $894.13M and equity was listed at $93.66M. The earnings per share was at a value of -0.78.
On Wednesday, December 23, 2009, the stock traded at higher than normal volume with an increase in stock price from about $0.11 to $0.13. However, it is currently back down to $0.12.Is this the start of a new uptrend or was that just a spike? The only way to find out is to keep an eye on the stock by adding it to your watchlist.
It's hard to tell if mesa will go up again.
http://pennystocknewsalert.typepad.com
Posted by: stocktrader747 | Jan 14, 2010 at 08:20 AM