Air Canada (OTCMKTS:ACDVF) Shares Pass Below Fifty Day Moving Average – Should You Sell?

Air Canada (OTCMKTS:ACDVF)’s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $12.80 and traded as low as $10.65. Air Canada shares last traded at $10.86, with a volume of 255,833 shares traded.

Air Canada Trading Down 1.1 %

The firm has a 50-day moving average of $12.71 and a two-hundred day moving average of $13.92. The firm has a market capitalization of $3.43 billion, a P/E ratio of 3.27 and a beta of 2.09. The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 3.47.

Air Canada (OTCMKTS:ACDVF) last posted its earnings results on Thursday, February 13th. The company reported $0.18 EPS for the quarter, hitting analysts’ consensus estimates of $0.18. Air Canada had a net margin of 7.82% and a return on equity of 80.37%. On average, analysts anticipate that Air Canada will post 1.66 EPS for the current year.

About Air Canada

Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.