Air Canada (TSE:AC – Get Rating) Senior Officer Murray Douglas Strom sold 3,755 shares of Air Canada stock in a transaction on Wednesday, May 18th. The shares were sold at an average price of C$21.33, for a total value of C$80,094.15. Following the sale, the insider now directly owns 2,740 shares of the company’s stock, valued at C$58,444.20.
Air Canada stock traded down C$0.36 during trading hours on Tuesday, hitting C$20.44. 2,948,509 shares of the stock traded hands, compared to its average volume of 3,394,749. The company has a debt-to-equity ratio of 183,588.89, a current ratio of 1.26 and a quick ratio of 1.17. The firm’s 50 day moving average price is C$22.79 and its 200-day moving average price is C$22.74. The stock has a market capitalization of C$7.32 billion and a price-to-earnings ratio of -2.27. Air Canada has a 1 year low of C$19.31 and a 1 year high of C$29.17.
Air Canada (TSE:AC – Get Rating) last posted its quarterly earnings results on Friday, February 18th. The company reported C($1.26) earnings per share for the quarter, beating the consensus estimate of C($1.27) by C$0.01. The firm had revenue of C$2.73 billion for the quarter, compared to analysts’ expectations of C$2.41 billion. Research analysts forecast that Air Canada will post 1.5399999 earnings per share for the current fiscal year.
Air Canada Company Profile (Get Rating)
Air Canada provides domestic, U.S. transborder, and international airline services. It offers scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand name 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.
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