Investors who took positions in shares of LMI Aerospace Inc. (NASDAQ:LMIA) are riding high as the stock has performed solidly over the past few months, marking a 21.45% increase for the quarter. Drilling down, the stock is 18.85% for the past month and 12.53% for the week.
At the session level, shares of LMI Aerospace Inc. (NASDAQ:LMIA) moved 9.89% from the open. The most recent bid on the stock was registered at $8.89. Further, company shares have been seen trading -18.14% off of the 52 week high and 26.82% away from the 52 week low. Narrowing in further, the stock has been recently noted at 9.62% away from the 50 day high and 26.82% separated from the 50 day low.
Wall Street brokerage firms that regularly cover the stock have provided price targets and recommendations on LMI Aerospace Inc. (NASDAQ:LMIA). According to First Call, the consensus price target for the company is $10.25. The consensus recommendation provided by analysts is currently 2.80. This number is based on a scale from 1 to 5. Analysts rating the company a 1 or 2 indicate a Buy recommendation. Analysts rating the company a 4 or 5 indicate a Sell recommendation. Analysts rating the company a 3 indicate a Hold recommendation.
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