Air Canada (TSE:AC - Get Free Report) Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the business's stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of C$21.71, for a total value of C$130,246.80.
Air Canada Stock Performance
Shares of TSE AC traded up C$0.10 during mid-day trading on Monday, hitting C$22.06. The stock had a trading volume of 2,801,419 shares, compared to its average volume of 2,609,719. The firm has a market cap of C$7.91 billion, a PE ratio of 4.92, a PEG ratio of 0.02 and a beta of 2.39. The company has a debt-to-equity ratio of 1,070.99, a quick ratio of 1.06 and a current ratio of 0.85. The company has a 50 day moving average of C$22.25 and a two-hundred day moving average of C$18.53. Air Canada has a twelve month low of C$14.47 and a twelve month high of C$26.18.
Analyst Ratings Changes
A number of research analysts have recently commented on the company. TD Cowen upped their target price on Air Canada to C$25.00 and gave the company a "buy" rating in a research note on Wednesday, November 6th. National Bankshares boosted their price objective on Air Canada from C$22.00 to C$27.00 in a report on Monday, November 4th. ATB Capital increased their target price on Air Canada from C$28.00 to C$31.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 18th. Jefferies Financial Group lifted their target price on Air Canada from C$18.00 to C$22.00 in a research report on Tuesday, November 5th. Finally, Raymond James upgraded shares of Air Canada to a "moderate buy" rating in a report on Tuesday, December 17th. Two research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Air Canada currently has a consensus rating of "Moderate Buy" and a consensus target price of C$26.67.
Check Out Our Latest Stock Analysis on AC
Air Canada Company Profile
(
Get Free Report)
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.
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