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Cathay Pacific Airways (OTCMKTS:CPCAY) Stock Price Down 3.6% - Time to Sell?

Cathay Pacific Airways logo with Transportation background

Cathay Pacific Airways Ltd. (OTCMKTS:CPCAY - Get Free Report) shares fell 3.6% on Friday . The stock traded as low as $7.28 and last traded at $7.28. 102 shares traded hands during trading, a decline of 98% from the average session volume of 5,402 shares. The stock had previously closed at $7.55.

Wall Street Analyst Weigh In

Separately, Hsbc Global Res upgraded shares of Cathay Pacific Airways from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, May 7th.

Get Our Latest Stock Analysis on CPCAY

Cathay Pacific Airways Price Performance

The company has a debt-to-equity ratio of 1.08, a current ratio of 0.38 and a quick ratio of 0.38. The business has a 50-day moving average price of $6.79 and a two-hundred day moving average price of $6.51.

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.

Further Reading

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