Air China Limited (OTCMKTS:AIRYY - Get Free Report) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 300 shares, a drop of 25.0% from the December 15th total of 400 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is currently 0.6 days.
Air China Stock Performance
AIRYY remained flat at $12.04 during midday trading on Wednesday. The company's stock had a trading volume of 122 shares, compared to its average volume of 596. The firm has a fifty day simple moving average of $12.40 and a two-hundred day simple moving average of $10.44. The stock has a market capitalization of $9.99 billion, a PE ratio of -133.74 and a beta of 0.36. Air China has a 12-month low of $7.51 and a 12-month high of $13.95.
Air China Company Profile
(
Get Free Report)
Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, China, and internationally. The company operates in Airline Operations and Other Operations segments. It provides aircraft engineering and airport ground handling services.
Further Reading
Before you consider Air China, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Air China wasn't on the list.
While Air China currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.