Cathay Pacific Airways (OTCMKTS:CPCAY - Get Free Report) was upgraded by stock analysts at Hsbc Global Res from a "moderate sell" rating to a "hold" rating in a report issued on Wednesday,Zacks.com reports.
Cathay Pacific Airways Price Performance
Shares of CPCAY stock traded up $0.09 during trading hours on Wednesday, reaching $6.21. The stock had a trading volume of 1,039 shares, compared to its average volume of 6,050. Cathay Pacific Airways has a 12 month low of $4.84 and a 12 month high of $7.30. The stock's fifty day simple moving average is $6.19 and its 200 day simple moving average is $6.18.
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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