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Air China (OTCMKTS:AIRYY) Stock Price Passes Below Two Hundred Day Moving Average - Should You Sell?

Air China logo with Transportation background

Shares of Air China Limited (OTCMKTS:AIRYY - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $9.61 and traded as low as $9.61. Air China shares last traded at $9.81, with a volume of 308 shares.

Air China Trading Down 2.1 %

The company has a market cap of $8.14 billion, a P/E ratio of 327.00 and a beta of 0.32. The company has a 50-day simple moving average of $9.21 and a 200 day simple moving average of $9.61.

Air China (OTCMKTS:AIRYY - Get Free Report) last announced its quarterly earnings data on Thursday, August 29th. The transportation company reported ($0.18) earnings per share for the quarter. The company had revenue of $5.45 billion for the quarter. Air China had a negative net margin of 0.34% and a negative return on equity of 1.50%. On average, equities analysts forecast that Air China Limited will post 0.82 EPS for the current fiscal year.

About Air China

(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

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