Air China Limited (OTCMKTS:AIRYY – Get Free Report) shares passed above its 200-day moving average during trading on Friday following a stronger than expected earnings report. The stock has a 200-day moving average of $11.70 and traded as high as $13.61. Air China shares last traded at $13.61, with a volume of 267 shares changing hands.
The transportation company reported ($0.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.26). Air China had a negative return on equity of 1.16% and a negative net margin of 0.26%. The firm had revenue of $11.54 billion during the quarter, compared to analyst estimates of $38.59 billion.
Air China Stock Performance
The company’s 50-day moving average price is $12.56 and its two-hundred day moving average price is $11.72. The company has a market cap of $11.29 billion, a P/E ratio of -151.21 and a beta of 0.36. The company has a current ratio of 0.27, a quick ratio of 0.23 and a debt-to-equity ratio of 3.46.
Air China Company Profile
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.
Recommended Stories
- Five stocks we like better than Air China
- Where Do I Find 52-Week Highs and Lows?
- Venezuelan Tariffs Could Power These 3 Diesel-Driven Winners
- NYSE Stocks Give Investors a Variety of Quality OptionsÂ
- MarketBeat Week in Review – 03/24 – 03/28
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low
Receive News & Ratings for Air China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air China and related companies with MarketBeat.com's FREE daily email newsletter.
