Air China (OTCMKTS:AIRYY) Sets New 12-Month Low – What’s Next?

Air China Ltd. (OTCMKTS:AIRYY)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $10.16 and last traded at $10.36, with a volume of 952 shares traded. The stock had previously closed at $10.40.

Analyst Ratings Changes

Separately, Zacks Research upgraded Air China to a “hold” rating in a report on Friday, August 7th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Air China has a consensus rating of “Hold”.

Air China Price Performance

The stock has a market cap of $9.04 billion, a PE ratio of 32.38 and a beta of 0.14. The company has a debt-to-equity ratio of 4.13, a quick ratio of 0.26 and a current ratio of 0.30. The business has a 50 day moving average price of $10.40 and a two-hundred day moving average price of $12.75.

About Air China

Air China Limited, trading on the OTCMKTS as AIRYY, is the flag carrier of the People’s Republic of China and one of the country’s major state-owned airlines. Established in 1988 following the restructuring of the Civil Aviation Administration of China (CAAC), Air China offers a broad range of air transportation services for passengers and cargo. Its core operations include scheduled domestic flights, international and regional routes, as well as charter services.

The airline operates a diverse fleet of Airbus and Boeing aircraft, serving more than 200 destinations across six continents.