Air China Ltd (OTCMKTS:AIRYY) has been assigned an average recommendation of “Hold” from the eight research firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have given a buy recommendation to the company.
Several equities research analysts have issued reports on AIRYY shares. UBS Group upgraded shares of Air China from a “neutral” rating to a “buy” rating in a research note on Monday, July 15th. Zacks Investment Research downgraded shares of Air China from a “buy” rating to a “hold” rating in a research note on Thursday, August 8th. Credit Suisse Group downgraded shares of Air China from a “neutral” rating to an “underperform” rating in a research note on Monday, June 10th. JPMorgan Chase & Co. downgraded shares of Air China from an “overweight” rating to a “neutral” rating in a research note on Thursday, August 8th. Finally, Goldman Sachs Group upgraded shares of Air China from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 10th.
Air China stock remained flat at $$16.22 during trading on Friday. 100 shares of the company were exchanged, compared to its average volume of 1,062. The company has a current ratio of 0.30, a quick ratio of 0.28 and a debt-to-equity ratio of 1.00. Air China has a 52-week low of $15.01 and a 52-week high of $27.00. The firm has a 50-day simple moving average of $19.41.
Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, Europe, North America, Japan, Korea, the Asia Pacific, and internationally. It operates through Airline Operations and Other Operations segments.
Read More: What is a capital gains distribution?
Receive News & Ratings for Air China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air China and related companies with MarketBeat.com's FREE daily email newsletter.