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Air China (OTCMKTS:AIRYY) Shares Gap Down - Here's Why

Air China logo with Transportation background

Key Points

  • Air China Ltd. saw its stock price gap down from $13.51 to $12.95 at market open, marking a 4.1% decrease in value.
  • The company reports a market capitalization of $10.74 billion, a debt-to-equity ratio of 3.91, and a PE ratio of -185.00.
  • Air China provides various air services in China and internationally, including passenger, cargo, and associated airline services.
  • Five stocks to consider instead of Air China.

Air China Ltd. (OTCMKTS:AIRYY - Get Free Report)'s stock price gapped down before the market opened on Thursday . The stock had previously closed at $13.51, but opened at $12.95. Air China shares last traded at $12.95, with a volume of 250 shares trading hands.

Air China Stock Down 4.1%

The stock has a 50 day simple moving average of $13.96 and a 200-day simple moving average of $13.15. The firm has a market cap of $10.74 billion, a PE ratio of -185.00 and a beta of 0.14. The company has a debt-to-equity ratio of 3.91, a current ratio of 0.32 and a quick ratio of 0.29.

About Air China

(Get Free Report)

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.

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