Air Canada (OTCMKTS:ACDVF) Stock Price Passes Below 50 Day Moving Average - Should You Sell?

Air Canada (OTCMKTS:ACDVF - Get Free Report) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $13.93 and traded as low as $11.61. Air Canada shares last traded at $11.63, with a volume of 239,171 shares trading hands.

Air Canada Stock Up 0.1 %

The company has a debt-to-equity ratio of 3.47, a current ratio of 0.92 and a quick ratio of 0.89. The firm has a 50 day simple moving average of $13.62 and a 200-day simple moving average of $13.96. The stock has a market capitalization of $3.64 billion, a price-to-earnings ratio of 3.42 and a beta of 2.10.

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