Air Canada (OTCMKTS:ACDVF) Stock Passes Below 50-Day Moving Average of $13.77

Air Canada (OTCMKTS:ACDVF)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $13.77 and traded as low as $13.70. Air Canada shares last traded at $13.90, with a volume of 28,627 shares trading hands.

Air Canada Stock Performance

The stock’s 50 day moving average price is $13.77 and its 200 day moving average price is $13.54. The company has a debt-to-equity ratio of 16.33, a quick ratio of 0.99 and a current ratio of 1.03. The company has a market capitalization of $4.98 billion, a P/E ratio of 3.22 and a beta of 1.94.

Air Canada (OTCMKTS:ACDVF) last posted its quarterly earnings data on Friday, February 16th. The company reported ($0.09) EPS for the quarter. Air Canada had a net margin of 10.47% and a negative return on equity of 926.55%. The firm had revenue of $3.80 billion during the quarter. As a group, equities analysts expect that Air Canada will post 3.33 EPS for the current 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.