Air China (OTCMKTS:AIRYY) Stock Price Up 9.4% – Here’s Why

Air China Ltd. (OTCMKTS:AIRYY)’s share price rose 9.4% during mid-day trading on Monday . The stock traded as high as $17.25 and last traded at $17.25. Approximately 1,048 shares were traded during trading, an increase of 27% from the average daily volume of 825 shares. The stock had previously closed at $15.7625.

Air China Stock Down 1.1%

The business’s 50 day simple moving average is $14.40 and its 200 day simple moving average is $13.91. The company has a debt-to-equity ratio of 4.17, a current ratio of 0.38 and a quick ratio of 0.34. The company has a market capitalization of $13.61 billion, a PE ratio of 117.15 and a beta of 0.13.

Air China (OTCMKTS:AIRYY) last announced its earnings results on Friday, October 31st. The transportation company reported $0.61 EPS for the quarter. Air China had a net margin of 0.47% and a return on equity of 2.03%. The firm had revenue of $6.86 billion for the quarter. As a group, analysts anticipate that Air China Ltd. will post 0.11 earnings per share for the current fiscal year.

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.