Air Canada (OTCMKTS:ACDVF) Shares Gap Down – Here’s Why

Posted by Stanley Muller on Oct 14th, 2026

Air Canada (OTCMKTS:ACDVF – Get Free Report)’s share price gapped down before the market opened on Monday. The stock had previously closed at $16.91, but opened at $16.00. Air Canada shares last traded at $15.87, with a volume of 272 shares traded.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ACDVF. National Bank Financial reissued an “outperform” rating on shares of Air Canada in a research report on Wednesday, August 12th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Air Canada in a report on Friday, August 14th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Air Canada in a research note on Thursday, August 13th. Jefferies Financial Group reiterated a “hold” rating on shares of Air Canada in a report on Thursday, August 13th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Air Canada in a report on Wednesday, August 12th. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Check Out Our Latest Research Report on ACDVF

Air Canada Price Performance

The business has a 50 day moving average price of $19.65 and a two-hundred day moving average price of $16.86. The stock has a market cap of $4.07 billion, a PE ratio of 12.49, a P/E/G ratio of 0.45 and a beta of 1.45. The company has a debt-to-equity ratio of 3.52, a quick ratio of 0.56 and a current ratio of 0.60.

Air Canada (OTCMKTS:ACDVF – Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.18. The company had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.34 billion. Air Canada had a return on equity of 20.11% and a net margin of 1.82%. Research analysts expect that Air Canada will post 0.90 earnings per share for the current fiscal year.

About Air Canada

(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.