Air China Ltd (OTCMKTS:AIRYY)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $19.95 and traded as low as $17.82. Air China shares last traded at $17.90, with a volume of 756 shares.
Several research analysts recently weighed in on the stock. ValuEngine raised shares of Air China from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. UBS Group raised shares of Air China from a “neutral” rating to a “buy” rating in a research note on Monday, July 15th. JPMorgan Chase & Co. lowered shares of Air China from an “overweight” rating to a “neutral” rating in a research note on Thursday, August 8th. Goldman Sachs Group raised shares of Air China from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 10th. Finally, Zacks Investment Research lowered shares of Air China from a “hold” rating to a “sell” rating in a research note on Monday, September 30th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold”.
The firm’s 50 day moving average is $17.75 and its two-hundred day moving average is $19.95. The firm has a market cap of $12.38 billion, a P/E ratio of 11.55, a price-to-earnings-growth ratio of 1.04 and a beta of 1.93. The company has a current ratio of 0.30, a quick ratio of 0.28 and a debt-to-equity ratio of 1.00.
Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, Europe, North America, Japan, Korea, the Asia Pacific, and internationally. It operates through Airline Operations and Other Operations segments.
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