Air China Limited (OTCMKTS:AICAF – Get Free Report) shares traded down 26.5% during trading on Friday. The stock traded as low as $0.4269 and last traded at $0.4269. 150 shares changed hands during trading, a decline of 99% from the average daily volume of 25,985 shares. The stock had previously closed at $0.5807.
Air China Stock Down 26.5%
The stock has a 50 day simple moving average of $0.51 and a two-hundred day simple moving average of $0.62.
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 operates scheduled passenger and air cargo services, connecting cities throughout China with destinations in Asia, Europe, North America, Oceania and other international markets. The airline’s primary business includes domestic and international passenger transportation, cargo and mail services, aircraft maintenance, and related aviation operations. Air China also operates the Phoenix Miles frequent-flyer program and provides associated travel services to its customers.
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