Air Canada (OTCMKTS:ACDVF – Get Rating) noticed a major decline briefly rates of interest in December. As of December 15, there was a complete of two,659,800 short-term rates of interest, down 15.8% from the full 3,158,200 shares on November 30. Primarily based on a median every day quantity of 15,900 shares, the short-term rate of interest is presently 167.3 days.
Air Canada Shares Up 0.2%
shares OTCMKTS ACDVF It opened Friday at $14.42. The 50-day shifting common value of the enterprise is $14.04 and the 2 hundred-day shifting common value is $13.66. The corporate has a market cap of $5.18 billion, a PE ratio of -2.58, and a beta of 1.98. Air Canada has a twelve-month low of $11.86 and a twelve-month excessive of $20.43.
Air Canada (OTCMKTS:ACDVF – Get Rating) final introduced its quarterly earnings outcomes on Friday, October 28. The corporate reported earnings of $0.52 per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.11. The enterprise generated $4.08 billion in income for the quarter. Analysis analysts as a gaggle estimate that Air Canada will submit EPS of -2.8 for the present fiscal yr.
Wall Road Analyst Discusses
ACDVF has been the topic of a lot of analysis experiences. Scotiabank lowered its value goal for Air Canada from C$26.00 to C$25.00 in a report launched Tuesday (October eleventh). Canaccord Genuity Group has elevated its goal value for Air Canada from C$23.00 to C$26.00 in a report launched Monday (October thirty first). Nationwide Financial institution Monetary lowered its goal value for Air Canada from C$30.00 to C$29.00 in a report launched Tuesday (October twenty fifth). CIBC raised its goal value for Air Canada from C$30.00 to C$31.00 in a report launched Wednesday, December 14th. Lastly, BMO Capital Markets lowered its goal value for Air Canada from C$35.00 to C$30.00 in a report launched Thursday, Oct. 13.
Air Canada Firm Profile
Air Canada provides home, US cross-border and worldwide airline providers. Underneath the Air Canada Holidays and Air Canada Rouge model, it provides scheduled passenger providers to and from Canada within the Canadian market, the Canada-US cross-border market, and the worldwide market, in addition to by way of capability buy agreements with different regional carriers.
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