Air Canada (OTCMKTS:ACDVF - Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $16.11, but opened at $15.33. Air Canada shares last traded at $15.87, with a volume of 1,793 shares.
Wall Street Analyst Weigh In
A number of equities research analysts have commented on ACDVF shares. Royal Bank Of Canada upgraded shares of Air Canada from a "hold" rating to a "moderate buy" rating in a research note on Monday, May 12th. Jefferies Financial Group lowered shares of Air Canada to an "underperform" rating in a report on Tuesday, April 1st.
Read Our Latest Report on ACDVF
Air Canada Price Performance
The company has a debt-to-equity ratio of 5.38, a current ratio of 0.70 and a quick ratio of 0.67. The firm has a fifty day moving average of $14.32 and a two-hundred day moving average of $12.72. The stock has a market capitalization of $5.11 billion, a P/E ratio of 5.05 and a beta of 1.93.
Air Canada (OTCMKTS:ACDVF - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported ($0.31) EPS for the quarter, topping analysts' consensus estimates of ($0.38) by $0.07. Air Canada had a net margin of 7.88% and a return on equity of 60.31%. The business had revenue of $3.61 billion during the quarter, compared to the consensus estimate of $5.35 billion. On average, analysts predict that Air Canada will post 1.66 EPS for the current year.
About Air Canada
(
Get Free Report)
Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.
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