Recently, Air Canada and the Canadian government agreed on terms for a financial relief package for the airline company. In exchange for billions of dollars in loans, the federal government will receive 6% of Air Canada’s shares at $500 million per share. Read on for more information on how to buy Air Canada stock.
Air Canada is an airlines business based in the US. Air Canada stocks (ACDVF.US) are listed on the OTCQX (a marketplace for buying and selling "over the counter" stocks which aren't listed on a formal stock exchange) and all prices are listed in US Dollars. Its last market close was $20.46 – an increase of 4.72% over the previous week. Air Canada employs 0 staff and has a trailing 12-month revenue of around $3.2 billion.
How to buy Air Canada stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: ACDVF in this case.
- Research Air Canada stocks. The platform should provide the latest information available.
- Buy your Air Canada stocks. It's that simple.
What's in this guide?
- Can I buy shares in Air Canada?
- Has coronavirus impacted Air Canada shares?
- Air Canada shares summary
- Compare share dealing platforms
- Is Air Canada stock a buy or sell?
- Air Canada performance over time
- Air Canada's financials
- How volatile are Air Canada shares?
- Does Air Canada pay a dividend?
- Other common questions
How has Coronavirus impacted Air Canada's stock price?
Since the stock market crash in March caused by coronavirus, Air Canada's stock price has had significant negative movement.
Its last market close was $22.484, which is 29.43% down on its pre-crash value of $31.86 and 246.28% up on the lowest point reached during the March crash when the stocks fell as low as $6.493.
If you had bought $1,000 worth of Air Canada stocks at the start of February 2020, those stocks would have been worth $259.81 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $668.00.
Air Canada stock priceUse our graph to track the performance of ACDVF stocks over time.
Air Canada stocks at a glance
|Latest market close||$22.484|
|52-week range||$10.877 - $24.817|
|50-day moving average||$21.2225|
|200-day moving average||$20.408|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$1.136|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Air Canada stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Air Canada price performance over time
|1 month (2021-07-01)||6.61%|
|3 months (2021-04-30)||11.58%|
Air Canada financials
|Revenue TTM||USD$3.2 billion|
|Gross profit TTM||USD$-863,000,000|
|Return on assets TTM||-9.82%|
|Return on equity TTM||-329.39%|
|Market capitalisation||USD$7.1 billion|
TTM: trailing 12 months
Air Canada stock dividends
We're not expecting Air Canada to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.
Air Canada stock price volatility
Over the last 12 months, Air Canada's stocks have ranged in value from as little as $10.877 up to $24.817. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (OTCQX average) beta is 1, while Air Canada's is 2.451. This would suggest that Air Canada's stocks are significantly more volatile than the average for this exchange and represent a higher risk.
Air Canada overview
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. As of December 31, 2020, the company operated a fleet of 169 aircraft under the Air Canada mainline brand name comprising 91 Boeing and Airbus narrow-body aircraft, and 78 Boeing and Airbus wide-body aircraft; 136 aircraft under the Air Canada Express brand name, including 49 Bombardier regional jets, 62 De Havilland Dash-8 turboprop aircraft, and 25 Embraer 175 aircraft; and 39 aircraft under the Air Canada Rouge brand name consisting of 14 Airbus A321 aircraft, 5 Airbus A320 aircraft, and 20 Airbus A319 aircraft. It also provides air cargo services in domestic and U.S. transborder routes, as well as on international routes between Canada and markets in Europe, Asia, South America, and Australia. In addition, the company operates, develops, markets, and distributes vacation travel packages in the Caribbean, Mexico, the United States, Europe, Central and South America, South Pacific, Australia, and Asia; offers cruise packages in North America, Europe, and the Caribbean; and provides travel loyalty programs. Air Canada was founded in 1937 and is headquartered in Saint-Laurent, Canada.
Air Canada in the news
Air Canada Launches Two New Connections to Florida and More Frequent Flights to Mexico and the Dominican Republic from Quebec City
Air Canada upgraded to Outperform from Sector Perform at Scotiabank
Air Canada Announces Pricing of Upsized Refinancing Transaction exceeding C$7.1 Billion
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