Air Canada (OTCMKTS:ACDVF – Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.18 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.18, Zacks reports. Air Canada had a net margin of 11.53% and a return on equity of 82.89%.
Air Canada Price Performance
Shares of Air Canada stock opened at $12.53 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 3.47. The company’s 50-day moving average price is $14.85 and its two-hundred day moving average price is $13.85. Air Canada has a 52 week low of $10.16 and a 52 week high of $18.56. The stock has a market cap of $4.26 billion, a PE ratio of 5.49 and a beta of 2.10.
Analyst Ratings Changes
Separately, Stifel Canada upgraded shares of Air Canada from a “hold” rating to a “strong-buy” rating in a research report on Sunday, November 3rd.
About Air Canada
Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.
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