Air Canada (OTCMKTS:ACDVF - Get Free Report) shares fell 3.2% on Friday . The company traded as low as $15.15 and last traded at $15.15. 2,606 shares changed hands during trading, a decline of 99% from the average session volume of 328,534 shares. The stock had previously closed at $15.65.
Analysts Set New Price Targets
A number of research firms recently weighed in on ACDVF. Jefferies Financial Group lowered shares of Air Canada to an "underperform" rating in a report on Tuesday, April 1st. Royal Bank Of Canada raised shares of Air Canada from a "hold" rating to a "moderate buy" rating in a report on Monday, May 12th.
View Our Latest Analysis on Air Canada
Air Canada Stock Performance
The stock's fifty day moving average is $14.41 and its two-hundred day moving average is $12.72. The firm has a market capitalization of $4.90 billion, a price-to-earnings ratio of 4.85 and a beta of 1.93. The company has a debt-to-equity ratio of 5.38, a quick ratio of 0.67 and a current ratio of 0.70.
Air Canada (OTCMKTS:ACDVF - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported ($0.31) EPS for the quarter, beating 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 firm had revenue of $3.61 billion for the quarter, compared to the consensus estimate of $5.35 billion. Analysts forecast that Air Canada will post 1.66 earnings per share for the current year.
Air Canada Company Profile
(
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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.
Further Reading
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