Cathay Pacific Airways Ltd. (OTCMKTS:CPCAY - Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $7.49 and last traded at $7.47, with a volume of 3082 shares changing hands. The stock had previously closed at $7.48.
Analyst Ratings Changes
Separately, Hsbc Global Res raised shares of Cathay Pacific Airways from a "moderate sell" rating to a "hold" rating in a report on Wednesday, May 7th.
View Our Latest Report on Cathay Pacific Airways
Cathay Pacific Airways Price Performance
The stock's fifty day simple moving average is $6.76 and its two-hundred day simple moving average is $6.50. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.38 and a quick ratio of 0.38.
About Cathay Pacific Airways
(
Get Free Report)
Cathay Pacific Airways Limited, together with its subsidiaries, offers international passenger and air cargo transportation services. The company conducts airline operations principally to and from Hong Kong. It also engages in the property investment and travel reward program; operates as a travel tour operator; and provision of financial, aircraft acquisition facilitation, airline catering, information processing, aircraft ramp handling, laundry and dry cleaning, ground handling, and cargo terminal services.
See Also
Before you consider Cathay Pacific Airways, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cathay Pacific Airways wasn't on the list.
While Cathay Pacific Airways currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
