Cathay Pacific Airways Ltd. (OTCMKTS:CPCAY - Get Free Report)'s share price gapped down before the market opened 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 traded.
Wall Street Analyst Weigh In
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.
Check Out Our Latest Stock Analysis on Cathay Pacific Airways
Cathay Pacific Airways Stock Performance
The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 1.08. The company's 50-day simple moving average is $6.73 and its 200 day simple moving average is $6.49.
About Cathay Pacific Airways
(
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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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