Air China Ltd (OTCMKTS:AIRYY) shares 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 trading hands.
A number of research analysts have recently commented on the stock. Zacks Investment Research lowered shares of Air China from a “buy” rating to a “hold” rating in a research report on Thursday, August 8th. JPMorgan Chase & Co. lowered shares of Air China from an “overweight” rating to a “neutral” rating in a research report on Thursday, August 8th. UBS Group raised shares of Air China from a “neutral” rating to a “buy” rating in a research report on Monday, July 15th. Credit Suisse Group lowered shares of Air China from a “neutral” rating to an “underperform” rating in a research report on Monday, June 10th. Finally, Goldman Sachs Group raised shares of Air China from a “neutral” rating to a “buy” rating in a research report on Wednesday, July 10th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Hold”.
The company has a quick ratio of 0.28, a current ratio of 0.30 and a debt-to-equity ratio of 1.00. The stock has a market cap of $12.84 billion, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 0.95 and a beta of 1.92. The company’s 50-day moving average is $17.79 and its 200-day moving average is $20.42.
About Air China (OTCMKTS:AIRYY)
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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