Air China (OTCMKTS:AIRYY) Shares Gap Down – Should You Sell?

Air China Ltd. (OTCMKTS:AIRYY) gapped down prior to trading on Thursday . The stock had previously closed at $16.30, but opened at $15.20. Air China shares last traded at $15.20, with a volume of 350 shares trading hands.

Air China Price Performance

The company has a debt-to-equity ratio of 3.75, a current ratio of 0.41 and a quick ratio of 0.36. The stock has a market cap of $12.61 billion, a PE ratio of 760.38 and a beta of -0.09. The company has a 50-day simple moving average of $15.61 and a 200-day simple moving average of $14.39.

Air China (OTCMKTS:AIRYY) last released its quarterly earnings results on Friday, October 31st. The transportation company reported $0.61 earnings per share for the quarter. The company had revenue of $6.86 billion during the quarter. Air China had a return on equity of 0.79% and a net margin of 0.19%. Sell-side analysts anticipate that Air China Ltd. will post 0.11 EPS for the current fiscal year.

About Air China

Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, China, and internationally. The company operates in Airline Operations and Other Operations segments. It provides aircraft engineering and airport ground handling services.