Air Canada (OTCMKTS:ACDVF) Stock Passes Above Fifty Day Moving Average of $11.52

Air Canada (OTCMKTS:ACDVF - Get Free Report)'s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $11.52 and traded as high as $12.17. Air Canada shares last traded at $11.95, with a volume of 16,564 shares.

Air Canada Price Performance

The business has a fifty day moving average of $11.52 and a 200-day moving average of $12.82. The company has a debt-to-equity ratio of 9.32, a quick ratio of 0.81 and a current ratio of 0.85. The firm has a market capitalization of $4.44 billion, a P/E ratio of 2.86 and a beta of 2.07.

Air Canada (OTCMKTS:ACDVF - Get Free Report) last released its earnings results on Wednesday, August 7th. The company reported $0.72 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.10. The firm had revenue of $4.03 billion during the quarter. Air Canada had a return on equity of 188.94% and a net margin of 7.95%. On average, sell-side analysts forecast that Air Canada will post 1.68 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.