CATHAY PAC AIRW/S (OTCMKTS:CPCAY)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $6.80 and traded as low as $6.44. CATHAY PAC AIRW/S shares last traded at $6.47, with a volume of 16,100 shares changing hands.
CPCAY has been the subject of a number of recent analyst reports. ValuEngine raised shares of CATHAY PAC AIRW/S from a “hold” rating to a “buy” rating in a research report on Wednesday, October 9th. Zacks Investment Research raised shares of CATHAY PAC AIRW/S from a “sell” rating to a “hold” rating in a research report on Friday, November 8th.
The company has a market cap of $5.09 billion, a price-to-earnings ratio of 17.03 and a beta of 0.95. The firm’s 50-day moving average price is $6.35 and its 200 day moving average price is $6.80.
Cathay Pacific Airways Limited, together with its subsidiaries, operates as an airline that provides scheduled passenger and cargo services to approximately 200 destinations in Asia, North America, Australia, Europe, and Africa. It operates in two segments, Airline Business and Non-Airline Business. The company conducts airline operations principally to and from Hong Kong.
Featured Article: Accumulation/Distribution
Receive News & Ratings for CATHAY PAC AIRW/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CATHAY PAC AIRW/S and related companies with MarketBeat.com's FREE daily email newsletter.