Air China (OTCMKTS:AIRYY) Sets New 52-Week Low – Here’s What Happened

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

Air China Trading Down 87.5%

The company has a quick ratio of 0.36, a current ratio of 0.41 and a debt-to-equity ratio of 3.75. The stock has a market capitalization of $1.99 billion, a PE ratio of 114.06 and a beta of -0.11. The business’s fifty day moving average is $17.53 and its 200-day moving average is $15.60.

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

Receive News & Ratings for Air China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air China and related companies with MarketBeat.com's FREE daily email newsletter.