Air China Ltd (OTCMKTS:AIRYY)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $20.45 and traded as low as $18.04. Air China shares last traded at $18.04, with a volume of 320 shares.
Several analysts have issued reports on the stock. UBS Group raised shares of Air China from a “neutral” rating to a “buy” rating in a research report on Monday, July 15th. Goldman Sachs Group raised shares of Air China from a “neutral” rating to a “buy” rating in a report on Wednesday, July 10th. Credit Suisse Group cut Air China from a “neutral” rating to an “underperform” rating in a research report on Monday, June 10th. JPMorgan Chase & Co. downgraded shares of Air China from an “overweight” rating to a “neutral” rating in a research report on Thursday, August 8th. Finally, Zacks Investment Research downgraded Air China from a “buy” rating to a “hold” rating in a research note on Thursday, August 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. Air China presently has an average rating of “Hold”.
The company has a fifty day moving average of $17.84 and a two-hundred day moving average of $20.45. The company has a current ratio of 0.30, a quick ratio of 0.28 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $13.10 billion, a price-to-earnings ratio of 11.64, a price-to-earnings-growth ratio of 0.96 and a beta of 1.92.
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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