Flight Centre (OTCMKTS:FGETF) Hits New 12-Month Low - Time to Sell?

Key Points

• Flight Centre Ltd. reached a new 52-week low of $8.10 during trading, a significant drop from its previous close of $9.45.
• The stock is currently trading at its 50-day moving average of $8.10 and has a 200-day moving average of $8.59.
• Flight Centre offers travel retailing services across various sectors globally, including leisure and corporate travel, across multiple international markets.

Flight Centre Ltd. (OTCMKTS:FGETF - ) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $8.10 and last traded at $8.10, with a volume of 150 shares changing hands. The stock had previously closed at $9.45.

Flight Centre Price Performance

The firm has a 50-day moving average of $8.10 and a 200-day moving average of $8.59.

About Flight Centre

Flight Centre Travel Group Limited provides travel retailing services for the leisure and corporate sectors in Australia, New Zealand, the Americas, Europe, the Middle East, Africa, Asia, and internationally. The company offers leisure travel services for the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services for organizations of various sizes across industries, as well as supplies products to its national and international network, or travel retail outlets.

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