|Bid||2.2400 x 0|
|Ask||2.2600 x 0|
|Day's Range||2.2200 - 2.2800|
|52 Week Range||2.0800 - 4.7600|
|Beta (5Y Monthly)||0.39|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 25, 2020 - Mar 2, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.10|
Asia Aviation, majority shareholder of budget airline Thai AirAsia, said on Wednesday that it would not proceed with an acquisition of shares in rival carrier Nok Airlines, sending Nok's shares down. Nok's shares fell more than 12 percent and Asia Aviation's prices slid nearly 3 percent in the morning trading session. Asia Aviation said in February that it was in talks to buy Nok shares, although Nok had said at the time that it was "not aware of any details in this respect".
Thailand's Asia Aviation PCL , the majority owner of low-cost carrier Thai AirAsia, on Monday said it was in talks to buy a stake in rival Nok Airlines PCL, sending Nok's share price up as much as 13 percent. The announcement comes as a tourism boom in Thailand stokes competition among carriers.