Air China (OTCMKTS:AIRYY) Shares Down 6.4% – What’s Next?

Shares of Air China Ltd. (OTCMKTS:AIRYY) fell 6.4% on Friday . The stock traded as low as $15.7625 and last traded at $15.7625. 189 shares changed hands during trading, a decline of 77% from the average session volume of 823 shares. The stock had previously closed at $16.8377.

Air China Trading Down 6.4%

The business’s 50-day simple moving average is $14.23 and its two-hundred day simple moving average is $13.80. The firm has a market capitalization of $13.08 billion, a price-to-earnings ratio of 112.60 and a beta of 0.13. The company has a quick ratio of 0.34, a current ratio of 0.38 and a debt-to-equity ratio of 4.17.

Air China (OTCMKTS:AIRYY) last posted 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 0.47% and a return on equity of 2.03%. The firm had revenue of $6.86 billion during the quarter. Equities analysts forecast that Air China Ltd. will post 0.11 earnings per share for the current 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.