Air China (OTCMKTS:AIRYY) Sets New 1-Year Low – Time to Sell?

Air China Ltd. (OTCMKTS:AIRYYGet Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as $2.28 and last traded at $2.28, with a volume of 159382 shares trading hands. The stock had previously closed at $18.22.

Air China Stock Performance

The stock has a market cap of $1.99 billion, a PE ratio of 114.06 and a beta of -0.11. The stock has a fifty day simple moving average of $17.53 and a two-hundred day simple moving average of $15.60. The company has a debt-to-equity ratio of 3.75, a quick ratio of 0.36 and a current ratio of 0.41.

Air China Company Profile

(Get Free Report)

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.

Further Reading

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