Cathay Pacific Airways Ltd. (OTCMKTS:CPCAY - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $7.57 and last traded at $7.57, with a volume of 341 shares trading hands. The stock had previously closed at $7.30.
Analyst Upgrades and Downgrades
Separately, Hsbc Global Res raised 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 Stock Report on CPCAY
Cathay Pacific Airways Price Performance
The stock's 50 day moving average price is $6.92 and its 200-day moving average price is $6.57. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 1.08.
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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