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Cathay Pacific Airways (OTCMKTS:CPCAY) Share Price Passes Below Two Hundred Day Moving Average - What's Next?

Cathay Pacific Airways logo with Transportation background

Cathay Pacific Airways Limited (OTCMKTS:CPCAY - Get Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.11 and traded as low as $5.69. Cathay Pacific Airways shares last traded at $5.76, with a volume of 757 shares traded.

Cathay Pacific Airways Trading Up 2.6 %

The company has a 50-day moving average of $6.30 and a 200 day moving average of $6.12.

Cathay Pacific Airways Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, May 19th. Stockholders of record on Wednesday, April 2nd will be paid a $0.3153 dividend. The ex-dividend date of this dividend is Wednesday, April 2nd. This is an increase from Cathay Pacific Airways's previous dividend of $0.11.

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.

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