Era Group Inc. (ERA) Soars 7.59% on January 04

Era Group Inc. (ERA) Soars 7.59% on January 04

Era Group Inc. (ERA) had a good day on the market for Friday January 04 as shares jumped 7.59% to close at $9.64. About 54,756 shares traded hands on 532 trades for the day, compared with an average daily volume of 62,227 shares out of a total float of 21.76 million. After opening the trading day at $9.05, shares of Era Group Inc. stayed within a range of $9.66 to $8.99.

With today’s gains, Era Group Inc. now has a market cap of $209.78 million.

The stock has a P/E Ratio of 2.3. Shares of Era Group Inc. have been trading within a range of $14.23 and $8.11 over the last year, and it had a 50-day SMA of $10.37 and a 200-day SMA of $11.62.

Era Group Inc provides helicopter transportation services primarily to the oil and gas exploration, development, and production companies. Its helicopter services include emergency response search and rescue; Alaska flightseeing tours; and other services, as well as utility services to support firefighting, mining, power line, and pipeline survey activities. The company also leases helicopters to third parties and foreign affiliates; engineers, manufactures, and distributes after-market helicopter parts and accessories; and provides classroom instruction, flight simulator, and other training services.

Era Group Inc. is based out of Houston, TX and has some 747 employees. Its CEO is Christopher S. Bradshaw.

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