Air China (AIRYY) Projected to Post Earnings on Friday

Air China (OTCMKTS:AIRYY) is expected to be announcing its results after the market closes on Friday, August 28th. Analysts expect the company to announce earnings of $0.0593 per share and revenue of $13.4747 billion for the quarter.

Air China Stock Performance

OTCMKTS AIRYY opened at $10.36 on Wednesday. The business has a 50 day moving average price of $10.40 and a 200 day moving average price of $12.69. The company has a market capitalization of $9.04 billion, a P/E ratio of 32.38 and a beta of 0.14. Air China has a 1-year low of $10.16 and a 1-year high of $19.00. The company has a debt-to-equity ratio of 4.13, a current ratio of 0.30 and a quick ratio of 0.26.

Analysts Set New Price Targets

Separately, Zacks Research raised Air China to a “hold” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Air China presently has a consensus rating of “Hold”.

About Air China

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.