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Air China (OTCMKTS:AIRYY) Shares Gap Up - Still a Buy?

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.
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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 changing hands.

Air China Trading Up 4.5%

The company has a quick ratio of 0.29, a current ratio of 0.32 and a debt-to-equity ratio of 3.91. The stock has a market capitalization of $11.62 billion, a PE ratio of -200.00 and a beta of 0.18. The firm has a 50 day moving average price of $14.08 and a 200 day moving average price of $12.94.

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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