Air Canada (OTCMKTS:ACDVF - Get Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $15.36 and traded as low as $12.61. Air Canada shares last traded at $12.70, with a volume of 462,132 shares.
Wall Street Analysts Forecast Growth
Separately, Stifel Canada upgraded shares of Air Canada from a "hold" rating to a "strong-buy" rating in a report on Sunday, November 3rd.
View Our Latest Stock Report on Air Canada
Air Canada Stock Up 1.7 %
The stock's 50-day simple moving average is $15.16 and its 200-day simple moving average is $13.86. The firm has a market capitalization of $4.29 billion, a P/E ratio of 2.61 and a beta of 2.10. 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 Company Profile
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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.
Further Reading
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