Air China (OTCMKTS:AIRYY) Shares Gap Up – Still a Buy?

Air China Ltd. (OTCMKTS:AIRYYGet Free Report)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $10.4004, but opened at $10.75. Air China shares last traded at $10.75, with a volume of 200 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Air China to a “hold” rating in a report on Friday, August 7th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

View Our Latest Research Report on AIRYY

Air China Price Performance

The company has a market capitalization of $9.04 billion, a price-to-earnings ratio of 32.38 and a beta of 0.14. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 4.13. The company has a 50 day moving average price of $10.40 and a 200 day moving average price of $12.69.

About Air China

(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.

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