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

Air China logo with Transportation background

Key Points

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Shares of Air China Ltd. (OTCMKTS:AIRYY - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $14.99, but opened at $13.40. Air China shares last traded at $13.40, with a volume of 600 shares changing hands.

Air China Stock Performance

The stock's 50-day moving average price is $14.00 and its 200-day moving average price is $12.91. The company has a debt-to-equity ratio of 3.91, a quick ratio of 0.29 and a current ratio of 0.32. The company has a market capitalization of $11.12 billion, a price-to-earnings ratio of -191.43 and a beta of 0.18.

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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