A number of other analysts have also recently weighed in on the stock. Goldman Sachs Group cut shares of China Eastern Airlines from a “neutral” rating to a “sell” rating in a report on Thursday, February 1st. ValuEngine upgraded shares of China Eastern Airlines from a “buy” rating to a “strong-buy” rating in a report on Friday, November 17th.
Shares of China Eastern Airlines (NYSE:CEA) traded down $0.37 during trading hours on Wednesday, reaching $40.89. 28,456 shares of the company were exchanged, compared to its average volume of 29,253. The company has a market capitalization of $12,294.57, a PE ratio of 14.35, a price-to-earnings-growth ratio of 2.72 and a beta of 1.52. China Eastern Airlines has a 1 year low of $24.44 and a 1 year high of $45.33. The company has a quick ratio of 0.22, a current ratio of 0.25 and a debt-to-equity ratio of 0.44.
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About China Eastern Airlines
China Eastern Airlines Corporation Limited is a China-based company principally engaged in the provision of airline transportation and extended services. The Company is primarily engaged in the operation of airline passenger, cargo, mail delivery, tour operations and other extended transportation services.
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