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Flight Centre (OTCMKTS:FGETF) Stock Price Down 0.4% - What's Next?

Flight Centre logo with Consumer Discretionary background

Key Points

  • Flight Centre's stock price decreased by 0.4%, trading at $8.07 after reaching a high of $8.10.
  • The company saw a significant increase in trading volume, with 750 shares exchanged, a rise of 1,567% from its average volume.
  • Royal Bank of Canada upgraded Flight Centre to an "outperform" rating, contributing to an overall average rating of "Buy" among analysts.
  • MarketBeat previews the top five stocks to own by October 1st.

Flight Centre Ltd. (OTCMKTS:FGETF - Get Free Report)'s stock price traded down 0.4% during mid-day trading on Tuesday . The company traded as low as $8.07 and last traded at $8.07. 750 shares changed hands during mid-day trading, an increase of 1,567% from the average session volume of 45 shares. The stock had previously closed at $8.10.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada raised Flight Centre to an "outperform" rating in a research note on Wednesday, August 27th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy".

Read Our Latest Research Report on Flight Centre

Flight Centre Price Performance

The business has a 50-day moving average of $8.10 and a 200 day moving average of $8.38.

Flight Centre Company Profile

(Get Free Report)

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.

Further Reading

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