Air Canada (OTCMKTS:ACDVF) Stock Falls 6.7% – What’s Next?

Posted by Brian Himes on Oct 19th, 2026

Air Canada (OTCMKTS:ACDVF – Get Free Report) fell 6.7% during mid-day trading on Monday. The stock traded as low as $14.80 and last traded at $14.80. 2,054 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 180,508 shares. The stock had previously closed at $15.86.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. BMO Capital Markets reiterated an “outperform” rating on shares of Air Canada in a research report on Wednesday, August 12th. Jefferies Financial Group cut Air Canada from a “hold” rating to an “underperform” rating in a report on Monday. Scotiabank restated an “outperform” rating on shares of Air Canada in a report on Thursday. National Bank Financial reaffirmed an “outperform” rating on shares of Air Canada in a research report on Wednesday, August 12th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Air Canada in a report on Thursday, August 13th. Six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Air Canada presently has a consensus rating of “Hold”.

Get Our Latest Research Report on ACDVF

Air Canada Stock Performance

The firm’s fifty day simple moving average is $19.46 and its 200 day simple moving average is $16.92. The company has a market capitalization of $3.82 billion, a price-to-earnings ratio of 14.81, a PEG ratio of 0.42 and a beta of 1.45. The company has a debt-to-equity ratio of 3.52, a current ratio of 0.60 and a quick ratio of 0.56.

Air Canada (OTCMKTS:ACDVF – Get Free Report) last released its earnings results on Tuesday, August 11th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.18. Air Canada had a net margin of 1.82% and a return on equity of 20.11%. The business had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.34 billion. On average, sell-side analysts forecast that Air Canada will post 0.95 EPS for the current year.

Air Canada Company Profile

(Get Free Report)

Air Canada is Canada’s national flag carrier and one of the country’s largest airlines. Headquartered in Montreal, Quebec, the company provides scheduled passenger air transportation to destinations across Canada, the United States, Europe, Asia-Pacific, Latin America and the Caribbean. Its network is supported by regional service operated under the Air Canada Express brand and leisure-focused flights operated by Air Canada Rouge.

The company’s principal businesses include passenger airline services, air cargo transportation and vacation travel.