Air Canada (OTCMKTS:ACDVF) Upgraded at Stifel Canada

Stifel Canada upgraded shares of Air Canada (OTCMKTS:ACDVF) from a hold rating to a strong-buy rating in a research report sent to investors on Sunday morning, Zacks.com reports.

Air Canada Stock Up 2.6 %

OTCMKTS:ACDVF opened at $16.00 on Friday. The company has a market cap of $5.74 billion, a PE ratio of 3.31 and a beta of 2.05. The stock has a 50-day simple moving average of $12.49 and a 200 day simple moving average of $12.63. 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 has a 52-week low of $10.16 and a 52-week high of $16.02.

Air Canada (OTCMKTS:ACDVF) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.10. The company had revenue of $4.03 billion during the quarter. Air Canada had a net margin of 11.53% and a return on equity of 133.91%. On average, sell-side analysts expect that Air Canada will post 1.65 EPS for the current fiscal year.

About Air Canada

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.