International Aerospace Enterprises Inc. shares are currently trading at $0.064 a share, up $0.0225 or 54.22% for the day. The stock is trading on massive volume of nearly 17 million shares, which is well in excess of the average daily volume. The company was recently highlighted in the FREE Daily Newsletter from QualityStocks. At the time, the stock was trading for only $0.03 a share, which means investors made over 100% on their money!
International Aerospace Enterprises is a provider of discounted military aircraft spare parts for both the US military and its allies throughout the world. The shares moved up today following news that the company received a contract valued at $5.4 million for military spare parts. This contract announcement followed on the heels of other recently-awarded contracts, bringing the total to $10.25 million for the company’s sales for the first 9 ½ months of the year. This is more than double what International Aerospace was estimating earlier for its first year of operations.
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