Air Canada (TSE:AC) Senior Officer Chris Isford sold 12,734 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of C$43.90, for a total value of C$559,035.33. Following the completion of the sale, the insider now owns 23,249 shares of the company’s stock, valued at approximately C$1,020,654.35.
AC opened at C$43.90 on Friday. The company has a debt-to-equity ratio of 280.78, a quick ratio of 0.82 and a current ratio of 0.90. Air Canada has a 52-week low of C$22.57 and a 52-week high of C$47.43. The stock has a market capitalization of $11.79 billion and a PE ratio of 10.47. The stock’s 50 day moving average price is C$43.62 and its 200-day moving average price is C$37.28.
Air Canada (TSE:AC) last posted its earnings results on Tuesday, July 30th. The company reported C$0.88 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.76 by C$0.12. The business had revenue of C$4.76 billion for the quarter, compared to analysts’ expectations of C$4.68 billion. Research analysts forecast that Air Canada will post 4.9299998 EPS for the current fiscal year.
Air Canada Company Profile
Air Canada provides domestic, U.S. transborder, and international airline services. It offers scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand name in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.
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