AirNet Technology Inc operates out-of-home advertising platforms in the People’s Republic of China.
infoAirNet Technology is a micro cap stock with a total market cap of 11.15M.
infoThey trade on the NASDAQ and had their IPO 15 years and 7 months ago.
infoAirNet Technology currently employs 39 people.
infoAs of Friday, Jun 23 2023, AirNet Technology’s share price is $1.25.
News Relating to AirNet Technology
PRNewsWire
AirNet Announces Changes in Management
Thursday Mar 11 2021 at 07:00
BEIJING, March 11, 2021 /PRNewswire/ — AirNet Technology Inc., formerly known as AirMedia Group Inc. (“AirNet” or the “Company”) (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced a change in its management. Mr. Xin Li has tendered his resignation as the chief financial officer of the Company, effective from March 5, 2021.
Benzinga
Why Canaan, Sos, Riot Blockchain, Ebang, Marathon Patent, Bit Digital, AirNet Stocks Skyrocketed Today
Tuesday Mar 09 2021 at 21:49
Shares of several cryptocurrency-related companies soared on Tuesday as Bitcoin (CRYPTO: BTC) posted a major recovery from a low of $49,506 on Monday to trade at $54,566.20 at press time. What Happened: Bitcoin equipment manufacturer Canaan Inc (NASDAQ:CAN) shares closed 50.45% higher at $28.69 and rose 3.87% to $29.80 in the after-hours session.
Pulse2
ANTE Stock Price Increases Over 10% Pre-Market: Why It Happened
Tuesday Mar 02 2021 at 05:16
The stock price of Airnet Technology Inc (NASDAQ: ANTE) is trading at over 10% pre-market. This is why it happened.
Pulse2
ANTE Stock Price Increases Over 50% Pre-Market: Why It Happened
Wednesday Feb 17 2021 at 06:55
The stock price of Airnet Technology Inc (NASDAQ: ANTE) is trading at over 50% pre-market today. This is why it happened.
https://www.thelincolnianonline.com
AirNet Technology Inc. (NASDAQ:ANTE) Sees Significant Decrease in Short Interest
Sunday Oct 18 2020 at 04:16
AirNet Technology Inc. (NASDAQ:ANTE) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 38,300 shares, a decrease of 20.0% from the September 15th total of 47,900 shares. Based on an average daily volume of 1,020,000 shares, the short-interest ratio is […]
Yahoo
AirNet Announces Adoption of a Shareholder Rights Plan
Thursday Aug 13 2020 at 10:00
AirNet Technology Inc., formerly known as AirMedia Group Inc. (“AirNet” or the “Company”) (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that its board of directors (the “Board”) has adopted a shareholder rights plan. Pursuant to the plan, the Company will issue one right (a “Right”) with respect to each outstanding ordinary share of the Company of a par value of US$0.001 each (the “Ordinary Shares”), held of record at the close of business on August 24, 2020.
https://www.artemis.bm
Travelers adjusts Long Point Re III cat bond, renews cat treaties at July 1st – Artemis.bm
Monday Jul 27 2020 at 09:30
U.S. primary insurance carrier Travelers has adjusted the attachment point for its $500 million Long Point Re III Ltd. (Series 2018-1) catastrophe bond
https://www.insurancejournal.com
Workers’ Compensation Rates Won’t Be Adjusted for Coronavirus Experience This Year
Monday Jul 27 2020 at 05:00
The workers’ compensation line is unlikely to generate a profit this year and may not recover in 2021, an insurance industry economist said during a
businesswire
Penn National Insurance Elects Ellen Rinaldi to Board of Directors
Monday Jul 27 2020 at 00:00
Retired Vanguard executive joins board Penn National Insurance
https://www.artemis.bm
Travelers aggregate reinsurance close to triggering – Artemis.bm
Friday Jul 24 2020 at 12:57
U.S. primary insurance carrier Travelers is now very close to attaching or triggering its $280 million of aggregate reinsurance coverage, after a heavy
AirNet Technology Bankruptcy Risk
Derived from SEC.GOV filing dataopen_in_new
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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AirNet Technology’s Altman Z-score is -6.46 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
AirNet Technology Insider Trading
Derived from SEC.GOV filing dataopen_in_new
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, there has been no insider trading in AirNet Technology.
Debt & Income Analysis
Derived from SEC.GOV filing dataopen_in_new
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
Learn more at WallStreetPrepopen_in_new
Cannot compute a percentage difference when there are zeros in the calculation
Cannot compute a percentage difference when there are zeros in the calculation
Cannot compute a percentage difference when there are zeros in the calculation
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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AirNet Technology’s Current Ratio of 0.69 is lower than its Industry Group of 1.13 (-38.9% lower)
AirNet Technology’s Current Ratio of 0.69 is lower than its Major Industry Group of 1.63 (-57.7% lower)
AirNet Technology’s Current Ratio of 0.69 is lower than its Sector of 1.51 (-54.3% lower)
Value Analysis
Derived from SEC.GOV filing dataopen_in_new
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Cannot compare a negative PE Ratio (4.24 & -0.61)
Cannot compare a negative PE Ratio (4.24 & -0.6)
Cannot compare a negative PE Ratio (4.24 & -0.24)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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AirNet Technology’s PB Ratio of 0.84 is in line with its Industry Group of 0.92 (-8.7% lower)
AirNet Technology’s PB Ratio of 0.84 is lower than its Major Industry Group of 2.5 (-66.4% lower)
AirNet Technology’s PB Ratio of 0.84 is lower than its Sector of 2.2 (-61.8% lower)
Efficiency Analysis
Derived from SEC.GOV filing dataopen_in_new
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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AirNet Technology’s ROE of 0.2 is greater than its Industry Group of 0.03 (566.7% greater)
AirNet Technology’s ROE of 0.2 is greater than its Major Industry Group of -0.03 (766.7% greater)
AirNet Technology’s ROE of 0.2 is greater than its Sector of -0.01 (2100.0% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
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AirNet Technology’s ROCE of 0.07 is greater than its Industry Group of -0.06 (216.7% greater)
AirNet Technology’s ROCE of 0.07 is greater than its Major Industry Group of 0.01 (600.0% greater)
AirNet Technology’s ROCE of 0.07 is greater than its Sector of 0.01 (600.0% greater)