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

Air China logo with Transportation background

Shares of Air China Ltd. (OTCMKTS:AIRYY - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $13.40, but opened at $15.00. Air China shares last traded at $15.00, with a volume of 101 shares traded.

Air China Price Performance

The business has a 50-day moving average of $13.02 and a two-hundred day moving average of $12.59. 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 firm has a market cap of $12.45 billion, a P/E ratio of -214.29 and a beta of 0.18.

Air China (OTCMKTS:AIRYY - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The transportation company reported ($0.33) earnings per share (EPS) for the quarter. Air China had a negative net margin of 0.33% and a negative return on equity of 1.41%. The firm had revenue of $5.50 billion during the quarter. On average, sell-side analysts anticipate that Air China Ltd. will post 0.11 earnings per share for the current fiscal year.

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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