Previous close | 5.28 |
Open | 5.28 |
Bid | 3.00 |
Ask | 3.30 |
Strike | 65.00 |
Expiry date | 2024-08-16 |
Day's range | 5.28 - 5.28 |
Contract range | N/A |
Volume | |
Open interest | 14 |
AAR (AIR), with its extended collaboration with OTTO Engineering, is poised to keep a significant presence in APAC aircraft MRO services.
AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a territory expansion agreement that expands its Americas-based electronics distribution relationship with OTTO Engineering, Inc. (OTTO) into the APAC region.
AAR (AIR) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.