Free Trial

Air Canada (OTCMKTS:ACDVF) Hits New 52-Week High - What's Next?

Air Canada logo with Transportation background

Air Canada (OTCMKTS:ACDVF - Get Free Report) shares hit a new 52-week high on Friday . The stock traded as high as $15.43 and last traded at $15.43, with a volume of 195903 shares. The stock had previously closed at $13.53.

Analyst Upgrades and Downgrades

Separately, Stifel Canada upgraded shares of Air Canada to a "hold" rating in a research note on Tuesday, October 15th.

Check Out Our Latest Analysis on ACDVF

Air Canada Price Performance

The firm has a market cap of $5.53 billion, a PE ratio of 4.82 and a beta of 2.07. The stock's fifty day moving average price is $12.25 and its 200-day moving average price is $12.61. The company has a debt-to-equity ratio of 9.32, a quick ratio of 0.81 and a current ratio of 0.85.

Air Canada (OTCMKTS:ACDVF - Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.10. Air Canada had a net margin of 7.95% and a return on equity of 188.94%. The company had revenue of $4.03 billion for the quarter. As a group, equities analysts forecast that Air Canada will post 1.65 EPS for the current fiscal year.

About Air Canada

(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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should you invest $1,000 in Air Canada right now?

Before you consider Air Canada, 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 Canada wasn't on the list.

While Air Canada currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

These Top Stocks in 2024 Will Continue to be Big Winners in 2025
’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines