Air Canada (OTCMKTS:ACDVF) Upgraded by Stifel Canada to “Hold”

Air Canada (OTCMKTS:ACDVF) was upgraded by investment analysts at Stifel Canada to a “hold” rating in a note issued to investors on Tuesday, Zacks.com reports.

Air Canada Price Performance

Shares of OTCMKTS:ACDVF opened at $13.09 on Tuesday. Air Canada has a one year low of $10.16 and a one year high of $14.91. The stock has a market capitalization of $4.69 billion, a price-to-earnings ratio of 3.13 and a beta of 2.07. The company has a 50-day simple moving average of $11.74 and a 200-day simple moving average of $12.66. The company has a debt-to-equity ratio of 9.32, a quick ratio of 0.81 and a current ratio of 0.85.

Air Canada (OTCMKTS:ACDVF) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.10. The company had revenue of $4.03 billion during the quarter. Air Canada had a return on equity of 188.94% and a net margin of 7.95%. On average, analysts predict that Air Canada will post 1.65 EPS for the current year.

Air Canada Company Profile

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.