|Day's Range||3.16 - 3.20|
|52 Week Range||2.16 - 3.59|
|PE Ratio (TTM)||7.01|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
SHANGHAI—China’s growing ranks of middle-class consumers love to fly, putting the nation on track to surpass the U.S. as the world’s biggest airline market within the next decade. Budget airline AirAsia Bhd. is aiming to change that, hoping to shake up China’s aviation sector by exporting its no-frills model to the region’s biggest air-travel market. In a regulatory filing last month, it said it plans to open a unit in Zhengzhou, the capital of Henan province.
Categories: Yahoo FinanceAirAsia Bhd. relative valuation is now UNDERVALUED. It was previously rated NEUTRAL, and has a fundamental analysis score of 63. Our analysis is based on comparing AirAsia Bhd. with the following peers – AirAsia X Bhd., Hainan Airlines Holding Co. Ltd. Class A, Jet Airways (India) Limited and Eva Airways Corporation (5238-MY, 600221-CN, 532617-IN and ... Read more (Read more...)
A punt on some of Asia’s most hated stocks a year ago would have yielded some gargantuan returns for gutsy investors. Take these examples: A year ago Yanzhou Coal (1171.HK) was rated a sell by 10 out of 14 brokers. Japanese tech firm Advantest (6857.JP) has doubled despite two-thirds of analysts saying sell 12 months ago.