Air China Ltd. (OTCMKTS:AIRYY – Get Free Report)’s stock price gapped down prior to trading on Wednesday. The stock had previously closed at $9.51, but opened at $8.90. Air China shares last traded at $8.90, with a volume of 370 shares trading hands.
Analysts Set New Price Targets
Separately, Zacks Research upgraded Air China to a “hold” rating in a research note on Friday, August 7th. One analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.
View Our Latest Stock Analysis on AIRYY
Air China Stock Performance
The firm’s fifty day moving average is $9.83 and its 200-day moving average is $10.82.
Air China Company Profile
Air China Limited is the flag carrier of the People’s Republic of China and is headquartered in Beijing. Established in 1988, the company provides scheduled passenger air transportation, air cargo and mail services, and related aviation services. Its operations serve major cities throughout mainland China and connect the country with destinations across Asia, Europe, North America, Oceania, and other international markets.
The company operates under the Air China brand and offers domestic, regional, and long-haul international flights.
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