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

Air China logo with Transportation background

Key Points

  • Air China Ltd. shares gapped up from a previous close of $13.40 to open at $14.00, with a recent trading volume of 100 shares.
  • The company has a market capitalization of $11.62 billion, with a quick ratio of 0.29 and a debt-to-equity ratio of 3.91, indicating a potentially high risk.
  • Air China operates in both air passenger and cargo services, along with providing aircraft engineering and airport ground handling services in various regions, including Mainland China and internationally.
  • Interested in Air China? Here are five stocks we like better.

Air China Ltd. (OTCMKTS:AIRYY - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $13.40, but opened at $14.00. Air China shares last traded at $14.00, with a volume of 100 shares trading hands.

Air China Price Performance

The stock has a market capitalization of $11.62 billion, a price-to-earnings ratio of -200.00 and a beta of 0.18. The company has a debt-to-equity ratio of 3.91, a current ratio of 0.32 and a quick ratio of 0.29. The firm has a 50-day moving average of $14.04 and a 200 day moving average of $12.96.

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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