Cathay Pacific Airways Ltd. (OTCMKTS:CPCAY - Get Free Report)'s share price hit a new 52-week high on Wednesday . The company traded as high as $7.30 and last traded at $7.20, with a volume of 7595 shares trading hands. The stock had previously closed at $6.84.
Analyst Ratings Changes
Separately, Hsbc Global Res raised shares of Cathay Pacific Airways from a "moderate sell" rating to a "hold" rating in a research note on Wednesday, May 7th.
Get Our Latest Research Report on Cathay Pacific Airways
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 stock's 50 day moving average is $6.61 and its two-hundred day moving average is $6.45.
Cathay Pacific Airways Company Profile
(
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.
Featured Articles
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
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
