Shares of Cathay Pacific Airways Ltd. (OTCMKTS:CPCAY - Get Free Report) saw unusually-high trading volume on Friday . Approximately 24,508 shares changed hands during mid-day trading, an increase of 331% from the previous session's volume of 5,680 shares.The stock last traded at $6.26 and had previously closed at $6.50.
Analyst Ratings Changes
Separately, Hsbc Global Res upgraded shares of Cathay Pacific Airways from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, May 7th.
View Our Latest Analysis on Cathay Pacific Airways
Cathay Pacific Airways Trading Up 4.1%
The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.38 and a current ratio of 0.38. The company has a 50 day simple moving average of $6.27 and a two-hundred day simple moving average of $6.39.
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.
Further Reading
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