Air Canada (OTCMKTS:ACDVF) Short Rate Update

Air Canada logo

Air Canada (OTCMKTS:ACDVFGet 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:ACDVFGet 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

(Get Rating)

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.

additional studying

This on the spot information alert was created with narrative science know-how and monetary information from MarketBeat to supply readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback relating to this story to

You will need to hear this earlier than you take into account Air Canada.

MarketBeat every day tracks Wall Road’s top-rated and best-performing analysis analysts and the shares they advocate to their shoppers. MarketBeat, five stocks that high analysts are quietly whispering to their clients to purchase now earlier than the broader market catches up… and Air Canada isn’t on the checklist.

Whereas Air Canada presently has a “Purchase” score amongst analysts, the top-rated analysts consider these 5 shares are the higher buys.

View Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them

#Air #Canada #OTCMKTSACDVF #Quick #Charge #Replace

Leave a Reply

Your email address will not be published. Required fields are marked *