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

Air China Ltd. (OTCMKTS:AIRYY)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $10.40 and last traded at $10.40, with a volume of 361 shares changing hands. The stock had previously closed at $10.4004.

Analyst Upgrades and Downgrades

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

Air China Trading Down 0.0%

The company’s 50-day moving average is $10.40 and its 200-day moving average is $13.03. 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 firm has a market cap of $9.07 billion, a price-to-earnings ratio of 32.50 and a beta of 0.14.

Air China Company Profile

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.