Cathay Pacific Airways Ltd. (OTCMKTS:CPCAY - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $6.84, but opened at $7.15. Cathay Pacific Airways shares last traded at $7.15, with a volume of 4,910 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Hsbc Global Res upgraded shares of Cathay Pacific Airways from a "moderate sell" rating to a "hold" rating in a research note on Wednesday, May 7th.
View Our Latest Stock Report on Cathay Pacific Airways
Cathay Pacific Airways Price 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 50 day simple moving average is $6.51 and its two-hundred day simple moving average is $6.43.
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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