Air China (OTCMKTS:AIRYY) Sets New 1-Year High – Still a Buy?

Air China Ltd. (OTCMKTS:AIRYYGet Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $19.00 and last traded at $2.28, with a volume of 159382 shares changing hands. The stock had previously closed at $18.22.

Air China Stock Performance

The firm has a market capitalization of $16.58 billion, a PE ratio of 950.48 and a beta of -0.11. The stock’s 50-day moving average price is $17.33 and its 200 day moving average price is $15.53. The company has a debt-to-equity ratio of 3.75, a current ratio of 0.41 and a quick ratio of 0.36.

About Air China

(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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