Cathay Pacific Airways Ltd. (OTCMKTS:CPCAY - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $7.48, but opened at $7.25. Cathay Pacific Airways shares last traded at $7.25, with a volume of 266 shares.
Analysts Set New Price Targets
Separately, Hsbc Global Res upgraded Cathay Pacific Airways from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, May 7th.
Read Our Latest Stock Analysis 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 company's fifty day moving average is $6.67 and its two-hundred day moving average is $6.48.
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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