Air China (AIRYY) Projected to Announce Quarterly Earnings on Friday

Air China (OTCMKTS:AIRYY) is expected to issue its resultson Friday, September 18th. Analysts expect the company to post earnings of ($0.4903) per share and revenue of $3.5623 billion for the quarter.

Air China Price Performance

Shares of AIRYY stock opened at $9.05 on Wednesday. Air China has a 1 year low of $9.05 and a 1 year high of $19.00. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 4.13. The firm’s 50 day moving average is $10.24 and its 200-day moving average is $11.75. The firm has a market capitalization of $7.89 billion, a price-to-earnings ratio of 28.27 and a beta of 0.13.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Air China to a “hold” rating in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

About Air China

Air China Limited is a China-based airline and the country’s national flag carrier. Headquartered in Beijing, the company provides scheduled passenger and air cargo transportation services, along with aircraft maintenance, airport services and other aviation-related activities.

Founded in 1988, Air China operates an extensive network linking major cities in mainland China with destinations across Asia, Europe, North America, Oceania and other international markets. Its services include domestic and international flights, connecting passengers through key hubs such as Beijing, Chengdu and Shanghai.

Air China is part of China National Aviation Holding Corporation and has interests in or relationships with several aviation businesses, including Shenzhen Airlines and Air Macau.