Air Canada (OTCMKTS:ACDVF - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $14.02, but opened at $13.36. Air Canada shares last traded at $14.01, with a volume of 891 shares traded.
Wall Street Analyst Weigh In
ACDVF has been the topic of a number of research reports. Scotiabank restated an "outperform" rating on shares of Air Canada in a research note on Wednesday, July 30th. Royal Bank Of Canada upgraded Air Canada from a "hold" rating to a "moderate buy" rating in a research note on Monday, May 12th.
Get Our Latest Research Report on ACDVF
Air Canada Stock Up 0.1%
The firm has a 50 day simple moving average of $14.82 and a two-hundred day simple moving average of $12.71. The company has a market capitalization of $4.23 billion, a PE ratio of 5.21 and a beta of 1.98. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 5.38.
Air Canada (OTCMKTS:ACDVF - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The company reported $0.43 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by ($0.07). Air Canada had a net margin of 6.83% and a return on equity of 45.69%. The business had revenue of $4.14 billion during the quarter, compared to analysts' expectations of $5.55 billion. Research analysts expect 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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