Air China (OTCMKTS:AIRYY) Sets New 12-Month High – Here’s Why

Air China Ltd. (OTCMKTS:AIRYYGet Free Report) reached a new 52-week high on Friday . The stock traded as high as $19.00 and last traded at $19.00, with a volume of 120 shares traded. The stock had previously closed at $18.22.

Air China Stock Up 4.3%

The firm has a fifty day simple moving average of $17.49 and a 200 day simple moving average of $15.42. The company has a debt-to-equity ratio of 3.75, a quick ratio of 0.36 and a current ratio of 0.41. The company has a market cap of $16.58 billion, a PE ratio of 950.48 and a beta of -0.08.

Air China Company Profile

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Air China Limited, trading on the OTCMKTS as AIRYY, is the flag carrier of the People’s Republic of China and one of the country’s major state-owned airlines. Established in 1988 following the restructuring of the Civil Aviation Administration of China (CAAC), Air China offers a broad range of air transportation services for passengers and cargo. Its core operations include scheduled domestic flights, international and regional routes, as well as charter services.

The airline operates a diverse fleet of Airbus and Boeing aircraft, serving more than 200 destinations across six continents.

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