Air China Ltd. (OTCMKTS:AIRYY – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday. The company traded as low as $8.60 and last traded at $8.8950, with a volume of 1,103 shares traded. The stock had previously closed at $9.15.
Analyst Ratings Changes
Separately, Zacks Research upgraded shares of Air China to a “hold” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock presently has an average rating of “Hold”.
Check Out Our Latest Research Report on Air China
Air China Stock Performance
The business’s 50-day simple moving average is $9.80 and its 200-day simple moving average is $10.80.
About Air China
Air China Limited is the flag carrier of the People’s Republic of China and is headquartered in Beijing. Established in 1988, the company provides scheduled passenger air transportation, air cargo and mail services, and related aviation services. Its operations serve major cities throughout mainland China and connect the country with destinations across Asia, Europe, North America, Oceania, and other international markets.
The company operates under the Air China brand and offers domestic, regional, and long-haul international flights.
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