Air China Ltd. (OTCMKTS:AIRYY – Get Free Report) saw unusually-high trading volume on Monday. 980 shares changed hands during trading, an increase of 18% from the previous session’s volume of 829 shares. The stock last traded at $9.00 and had previously closed at $9.15.
Wall Street Analyst Weigh In
Separately, Zacks Research raised 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, Air China has a consensus rating of “Hold”.
Check Out Our Latest Analysis on Air China
Air China Price Performance
The business’s 50 day moving average is $9.75 and its 200 day moving average is $10.75.
About Air China
Air China Limited is a China-based commercial airline and the country’s national flag carrier. The company provides scheduled passenger air transportation, air cargo services and related aviation services through its principal operating brands, including Air China.
Headquartered in Beijing, Air China serves destinations across mainland China and connects the country with international markets in Asia, Europe, North America, Oceania and other regions. Its operations include domestic and long-haul international flights, as well as services related to freight transportation, aircraft maintenance and airline catering.
Air China was established in 1988 and has developed into one of China’s largest airlines.
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