Air China (OTCMKTS:AIRYY) Shares Gap Down – Time to Sell?

Shares of Air China Ltd. (OTCMKTS:AIRYYGet Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $18.22, but opened at $14.65. Air China shares last traded at $14.65, with a volume of 250 shares traded.

Air China Stock Performance

The company has a quick ratio of 0.36, a current ratio of 0.41 and a debt-to-equity ratio of 3.75. The company’s fifty day moving average price is $18.24 and its two-hundred day moving average price is $16.05. The firm has a market cap of $13.64 billion, a PE ratio of 781.89 and a beta of -0.14.

Air China Company Profile

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Air China Limited, trading on the OTCMKTS as AIRYY, is the flag carrier of the People’s Republic of China and one of the country’s major state-owned airlines. Established in 1988 following the restructuring of the Civil Aviation Administration of China (CAAC), Air China offers a broad range of air transportation services for passengers and cargo. Its core operations include scheduled domestic flights, international and regional routes, as well as charter services.

The airline operates a diverse fleet of Airbus and Boeing aircraft, serving more than 200 destinations across six continents.

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