Air China (OTCMKTS:AIRYY) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Air China Limited (OTCMKTS:AIRYY) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.26 and traded as high as $12.85. Air China shares last traded at $12.85, with a volume of 163 shares changing hands.

Air China Price Performance

The business’s fifty day simple moving average is $12.30 and its 200-day simple moving average is $12.26. The company has a current ratio of 0.27, a quick ratio of 0.23 and a debt-to-equity ratio of 3.46. The firm has a market cap of $10.66 billion, a P/E ratio of -142.76 and a beta of 0.12.

Air China (OTCMKTS:AIRYY) last issued its earnings results on Wednesday, April 30th. The transportation company reported ($0.33) earnings per share (EPS) for the quarter. Air China had a negative net margin of 0.26% and a negative return on equity of 1.16%. The business had revenue of $5.50 billion for the quarter. As a group, analysts forecast that Air China Limited will post 0.11 EPS for the current fiscal year.

Air China Company Profile

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.