Air China (OTCMKTS:AIRYY) Stock Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Air China's stock price has moved above its two hundred day moving average, indicating potential bullish momentum, closing at $13.40 after hitting a high of $13.40 during trading.
• The company reported a negative earnings per share of ($0.33) during its last earnings announcement, with revenue reaching $5.50 billion, and analysts project a modest earnings per share of 0.11 for the current year.
• Air China holds a significant debt-to-equity ratio of 3.91 and low liquidity ratios, indicating financial stress that could impact its operations going forward.

Air China Ltd. (OTCMKTS:AIRYY - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.89 and traded as high as $13.40. Air China shares last traded at $13.40, with a volume of 602 shares traded.

Air China Stock Up 0.7%

The firm's fifty day moving average is $14.01 and its 200 day moving average is $12.91. The company has a current ratio of 0.32, a quick ratio of 0.29 and a debt-to-equity ratio of 3.91. The stock has a market cap of $11.20 billion, a P/E ratio of -192.86 and a beta of 0.19.

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.