Air China (OTCMKTS:AIRYY) Sets New 52-Week High – Should You Buy?

by · The Markets Daily

Shares of Air China Ltd. (OTCMKTS:AIRYY – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $18.09 and last traded at $18.09, with a volume of 475 shares changing hands. The stock had previously closed at $16.30.

Air China Stock Up 19.0%

The stock’s fifty day moving average is $15.67 and its two-hundred day moving average is $14.45. The company has a market capitalization of $15.01 billion, a PE ratio of 904.95 and a beta of -0.09. The company has a current ratio of 0.41, a quick ratio of 0.36 and a debt-to-equity ratio of 3.75.

Air China (OTCMKTS:AIRYY – Get Free Report) last released its quarterly earnings data on Friday, October 31st. The transportation company reported $0.61 earnings per share for the quarter. Air China had a net margin of 0.19% and a return on equity of 0.79%. The business had revenue of $6.86 billion during the quarter. As a group, analysts predict that Air China Ltd. will post 0.11 EPS for the current year.

Air China Company Profile

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Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, China, and internationally. The company operates in Airline Operations and Other Operations segments. It provides aircraft engineering and airport ground handling services.

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