Air Canada (OTCMKTS:ACDVF) Hits New 12-Month Low - Here's Why

Air Canada (OTCMKTS:ACDVF - Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $10.14 and last traded at $10.20, with a volume of 842893 shares changing hands. The stock had previously closed at $10.57.

Air Canada Trading Up 0.5 %

The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 3.47. The firm has a market capitalization of $3.20 billion, a price-to-earnings ratio of 3.05 and a beta of 2.09. The firm's 50-day moving average is $11.95 and its 200 day moving average is $13.86.

Air Canada (OTCMKTS:ACDVF - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.18 EPS for the quarter, hitting analysts' consensus estimates of $0.18. Air Canada had a net margin of 7.82% and a return on equity of 80.37%. On average, equities analysts predict that Air Canada will post 1.66 earnings per share 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.