Air Canada (OTCMKTS:ACDVF) Upgraded to "Hold" at Stifel Canada

Air Canada (OTCMKTS:ACDVF - Get Free Report) was upgraded by research analysts at Stifel Canada to a "hold" rating in a research note issued to investors on Tuesday, Zacks.com reports.

Air Canada Stock Up 0.8 %

Shares of OTCMKTS:ACDVF traded up $0.11 during mid-day trading on Tuesday, hitting $13.20. 31,348 shares of the company traded hands, compared to its average volume of 221,257. The firm has a market cap of $4.73 billion, a P/E ratio of 3.16 and a beta of 2.07. Air Canada has a 52-week low of $10.16 and a 52-week high of $14.91. The firm's 50 day simple moving average is $11.79 and its 200 day simple moving average is $12.66. 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 for the quarter, beating analysts' consensus estimates of $0.62 by $0.10. Air Canada had a net margin of 7.95% and a return on equity of 188.94%. The business had revenue of $4.03 billion during the quarter. On average, equities analysts anticipate that Air Canada will post 1.65 EPS for the current year.

Air Canada Company Profile

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.