Air Canada (OTCMKTS:ACDVF) Reaches New 52-Week Low – Here’s What Happened

Air Canada (OTCMKTS:ACDVF) shares reached a new 52-week low on Thursday . The stock traded as low as $10.14 and last traded at $10.20, with a volume of 842893 shares trading hands. The stock had previously closed at $10.57.

Air Canada Stock Performance

The company has a market capitalization of $3.29 billion, a P/E ratio of 3.14 and a beta of 2.09. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.89 and a current ratio of 0.92. The business’s fifty day simple moving average is $12.20 and its 200-day simple moving average is $13.87.

Air Canada (OTCMKTS:ACDVF) last issued its earnings results on Thursday, February 13th. The company reported $0.18 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.18. Air Canada had a return on equity of 80.37% and a net margin of 7.82%. As a group, equities analysts anticipate that Air Canada will post 1.66 earnings per share for the current fiscal year.

Air Canada Company Profile

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.