Shares of Air China Ltd. (OTCMKTS:AIRYY – Get Free Report) reached a new 52-week low during trading on Thursday. The company traded as low as $8.60 and last traded at $8.8950, with a volume of 1,103 shares traded. The stock had previously closed at $9.15.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded shares of Air China to a “hold” rating in a research report on Friday, August 7th. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, Air China currently has a consensus rating of “Hold”.
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Air China Stock Down 2.8%
About Air China
Air China Limited is the flag carrier of the People’s Republic of China and is headquartered in Beijing. Established in 1988, the company provides scheduled passenger air transportation, air cargo and mail services, and related aviation services. Its operations serve major cities throughout mainland China and connect the country with destinations across Asia, Europe, North America, Oceania, and other international markets.
The company operates under the Air China brand and offers domestic, regional, and long-haul international flights.
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