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 shares (ACDVF) 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.
How to buy shares in Air Canada
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – ACDVF – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
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.
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 $18.6801, which is 41.37% down on its pre-crash value of $31.86 and 187.70% 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 $554.99.
Air Canada stock priceUse our graph to track the performance of ACDVF stocks over time.
Air Canada shares at a glance
|Latest market close||$18.68|
|52-week range||$10.88 - $24.82|
|50-day moving average||$18.67|
|200-day moving average||$20.24|
|Wall St. target price||N/A|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-10.88|
Compare online stock trading platforms
Note: The dollar amounts in the table below are in Canadian dollars.
Air Canada price performance over time
|1 week (2021-10-14)||0.92%|
|1 month (2021-09-21)||5.66%|
|3 months (2021-07-21)||-8.70%|
|6 months (2021-04-21)||-1.16%|
|1 year (2020-10-20)||54.04%|
|2 years (2019-10-18)||-46.33%|
|3 years (2018-10-19)||1.49%|
|5 years (2016-10-20)||91.00%|
Air Canada financials
|Revenue TTM||$3.2 billion|
|Gross profit TTM||$-863,000,000|
|Return on assets TTM||-9.82%|
|Return on equity TTM||-329.39%|
|Market capitalisation||$6.7 billion|
TTM: trailing 12 months
Air Canada share dividends
We're not expecting Air Canada to pay a dividend over the next 12 months.
Air Canada share price volatility
Over the last 12 months, Air Canada's shares 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 share's volatility in relation to the market. The market (OTCQX average) beta is 1, while Air Canada's is 2.4737. This would suggest that Air Canada's shares 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.
Frequently asked questions
Air Canada in the news
Air Canada Launches its New LEAVE LESS Travel Program, Leading the Way for Sustainable Business Travel; Deloitte Canada is First On Board
Air Canada price target lowered to C$28 from C$30 at National Bank
Air Canada To Resume Service And Increase Capacity To Key Destinations in South America
More on investing
Stock trading doesn’t have to be expensive. Using Finder’s proprietary algorithm, we’ve identified the best cheap Canadian and US stocks to buy now.Read more…
Cue Health—developer of a COVID-19 self-testing kit with conditional approval in the US, Canada, European Union and India—has gone public. Here’s how to buy in.Read more…
Steps to owning and managing ARBK stock, with 24-hour and historical pricing before you buy.Read more…
More guides on Finder
Best cheap stocks to buy now
Stock trading doesn’t have to be expensive. Using Finder’s proprietary algorithm, we’ve identified the best cheap Canadian and US stocks to buy now.
How to buy Itaú Unibanco Holding S-A stock in Canada | $4.28
Steps to owning and managing ITUB, with 24-hour and historical pricing before you buy.
How to buy Telefónica S-A stock in Canada | $4.4
Steps to owning and managing TEF, with 24-hour and historical pricing before you buy.
How to buy Belo Sun Mining stock in Canada | $0.62
Steps to owning and managing BSX stock, with 24-hour and historical pricing before you buy.
How to buy Wallbridge Mining Company stock in Canada | $0.59
Steps to owning and managing WM stock, with 24-hour and historical pricing before you buy.
How to buy Excelsior Mining stock in Canada | $0.495
Steps to owning and managing MIN stock, with 24-hour and historical pricing before you buy.
How to buy Lucara Diamond stock in Canada | $0.63
Steps to owning and managing LUC stock, with 24-hour and historical pricing before you buy.
How to buy Gold Standard Ventures stock in Canada | $0.57
Steps to owning and managing GSV stock, with 24-hour and historical pricing before you buy.
How to buy Fission Uranium stock in Canada | $1.13
Steps to owning and managing FCU stock, with 24-hour and historical pricing before you buy.
How to buy Almonty Industries stock in Canada | $0.89
Steps to owning and managing AII stock, with 24-hour and historical pricing before you buy.