Air Canada (OTCMKTS:ACDVF) Hits New 12-Month Low – Here’s What Happened

Air Canada (OTCMKTS:ACDVFGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $9.50 and last traded at $10.04, with a volume of 320220 shares trading hands. The stock had previously closed at $9.86.

Air Canada Price Performance

The firm has a market cap of $3.24 billion, a PE ratio of 3.09 and a beta of 2.09. The business has a fifty day moving average of $11.86 and a 200-day moving average of $13.85. The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 3.47.

Air Canada (OTCMKTS:ACDVFGet Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.18 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.18. Air Canada had a return on equity of 80.37% and a net margin of 7.82%. As a group, research analysts predict that Air Canada will post 1.66 earnings per share for the current year.

Air Canada Company Profile

(Get Free Report)

Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.

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