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Equities researchers at Imperial Capital began coverage on shares of Air Canada (NASDAQ:AIDIF) in a research report issued on Thursday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating on the stock.

Shares of Air Canada (NASDAQ:AIDIF) traded up 0.45% during mid-day trading on Thursday, hitting $8.056. 10,500 shares of the company’s stock traded hands. Air Canada has a 52 week low of $2.81 and a 52 week high of $9.93. The stock has a 50-day moving average of $8.30 and a 200-day moving average of $7.40. The company has a market cap of $2.305 billion and a P/E ratio of 14.72.

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