Air Canada (OTCMKTS:ACDVF) Upgraded at Stifel Canada

Stifel Canada upgraded shares of Air Canada (OTCMKTS:ACDVF) to a hold rating in a research note published on Tuesday morning, Zacks.com reports.

Air Canada Price Performance

Shares of OTCMKTS:ACDVF opened at $13.09 on Tuesday. The company has a debt-to-equity ratio of 9.32, a quick ratio of 0.81 and a current ratio of 0.85. The firm has a market cap of $4.69 billion, a price-to-earnings ratio of 3.13 and a beta of 2.07. The firm has a fifty day moving average price of $11.74 and a 200 day moving average price of $12.66. Air Canada has a fifty-two week low of $10.16 and a fifty-two week high of $14.91.

Air Canada (OTCMKTS:ACDVF) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.10. The firm had revenue of $4.03 billion during the quarter. Air Canada had a return on equity of 188.94% and a net margin of 7.95%. As a group, sell-side analysts expect that Air Canada will post 1.65 earnings per share for the current fiscal 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.