Cathay Pacific Airways Ltd. (OTCMKTS:CPCAY - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $7.30 and last traded at $7.20, with a volume of 7595 shares traded. The stock had previously closed at $6.84.
Wall Street Analysts Forecast Growth
Separately, Hsbc Global Res upgraded Cathay Pacific Airways from a "moderate sell" rating to a "hold" rating in a research note on Wednesday, May 7th.
Get Our Latest Stock Report on CPCAY
Cathay Pacific Airways Stock Performance
The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 1.08. The company has a 50 day moving average of $6.64 and a 200 day moving average of $6.46.
Cathay Pacific Airways Company Profile
(
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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.
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