Air China (OTCMKTS:AICAF) Trading Up 4.9% – What’s Next?

Shares of Air China Limited (OTCMKTS:AICAF) were up 4.9% during trading on Monday . The stock traded as high as $0.8555 and last traded at $0.8555. Approximately 835 shares traded hands during trading, a decline of 82% from the average daily volume of 4,531 shares. The stock had previously closed at $0.8159.

Air China Stock Up 4.9%

The stock has a fifty day moving average of $0.79 and a 200-day moving average of $0.70.

Air China Company Profile

Air China Limited operates as the flag carrier and one of the major airlines of the People’s Republic of China. Headquartered in Beijing, the company emerged from the restructuring of the Civil Aviation Administration of China in the early 2000s. It is a state-controlled enterprise under the supervision of the State-owned Assets Supervision and Administration Commission of the State Council and is a subsidiary of China National Aviation Holding.

The company provides scheduled passenger and cargo services, offering a broad network of domestic and international routes.