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Air China Stock price passes below 200 Day Moving Average

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Air China (OTCMKTS: AIRYY) Stock Price Passes below 200 Day Moving Average of $20.31

 

 

On Thursday, the stock price of Air China Ltd (OTCMKTS: AIRYY) meet its 200-day moving average during trade. The 200-day moving average traded low at $17.54 as from $20.31. With a volume of 1100 shared changing hands the last traded average of Air China was $18.10. 

 

Various analysis firms recently commented on AIRYY. The shares in China Air were upgraded by Goldman Sachs from “neutral” rating to “buy” on Wednesday 10th July according to the report. Whereas JPMorgan Chase & Co. down shares from the rating of “overweight” to “neutral” on Thursday, 8th August. The shares of Air China by Zacks Investment also analyzed down from the rating “buy” to “hold” on Thursday, 8th of August. USB Group updated the shares from “neutral” rating to “buy” rating in a report on Monday, 15th July. The Credit Schweiz Group lower the shares of Air China from “neutral” rating to “underperformed” rating in a very analysis report on Monday, 10th June. Air China presently encompasses an agreement rating of “Hold”. 

 

The company encompasses a market cap of $13.14 billion, a PE ratio of 11.10, P/G/E ratio of 0.97 and beta of 1.92. The 50-day simple average moving of firm is $17.57 and 200-day average moving is $20.27. 


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