Air Canada (OTCMKTS:ACDVF) Sets New 1-Year Low – Should You Sell?

Shares of Air Canada (OTCMKTS:ACDVF) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $12.03 and last traded at $13.94, with a volume of 1828 shares changing hands. The stock had previously closed at $13.96.

Analysts Set New Price Targets

Several analysts have commented on ACDVF shares. Raymond James Financial downgraded Air Canada from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Scotiabank cut Air Canada from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. Jefferies Financial Group reissued a “hold” rating on shares of Air Canada in a research note on Sunday, February 15th. ATB Cormark Capital Markets cut Air Canada from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, February 16th. Finally, Canaccord Genuity Group lowered Air Canada from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 13th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Air Canada has an average rating of “Hold”.

Air Canada Trading Down 0.2%

The company has a market capitalization of $3.91 billion, a P/E ratio of 7.52, a PEG ratio of 1.23 and a beta of 1.38. The company has a debt-to-equity ratio of 3.32, a current ratio of 0.56 and a quick ratio of 0.53. The business’s 50-day moving average price is $13.36 and its two-hundred day moving average price is $13.76.

Air Canada (OTCMKTS:ACDVF) last issued its quarterly earnings data on Thursday, April 30th. The company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.29) by $0.25. The business had revenue of $4.16 billion for the quarter, compared to the consensus estimate of $3.96 billion. Air Canada had a return on equity of 27.71% and a net margin of 3.45%. As a group, analysts forecast that Air Canada will post 0.37 EPS for the current fiscal year.

Air Canada Company Profile

Air Canada is the largest airline in Canada and one of the leading carriers in North America. Founded in 1937 as Trans-Canada Air Lines and rebranded as Air Canada in 1965, the company operates scheduled passenger and cargo services on six continents. The airline maintains membership in the Star Alliance network, offering seamless connections and coordinated loyalty benefits to travelers worldwide.

Through its mainline operations and subsidiaries—including Air Canada Rouge, Air Canada Cargo and Air Canada Vacations—the company provides a broad range of services.