Air Canada (OTCMKTS:ACDVF) Sets New 1-Year Low - Should You Sell?

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

Air Canada Price Performance

The company has a 50 day moving average of $11.62 and a 200 day moving average of $13.80. The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of 2.96 and a beta of 1.82. The company has a quick ratio of 0.89, a current ratio of 0.92 and a debt-to-equity ratio of 3.47.

Air Canada (OTCMKTS:ACDVF - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.18 EPS for the quarter, meeting analysts' consensus estimates of $0.18. Air Canada had a net margin of 7.82% and a return on equity of 80.37%. As a group, equities research analysts forecast that Air Canada will post 1.66 EPS for the current fiscal year.

About Air Canada

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.