Qantas Airways Limited (OTCMKTS:QUBSF – Get Free Report)’s stock price rose 1.5% during trading on Tuesday . The company traded as high as $6.85 and last traded at $6.85. Approximately 200 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 1,866 shares. The stock had previously closed at $6.75.
Qantas Airways Trading Up 1.5%
The company has a 50 day simple moving average of $6.47 and a 200-day simple moving average of $6.87.
Qantas Airways Company Profile
Qantas Airways Limited is Australia’s flag carrier and one of the world’s oldest continuously operating airlines. Headquartered in Sydney, the company provides scheduled air passenger and freight services across domestic and international markets. Its core business includes mainline passenger operations under the Qantas brand, complemented by regional connectivity through its QantasLink subsidiary.
Qantas operates a mixed fleet of Airbus and Boeing aircraft, serving major domestic routes between Australian cities as well as long-haul flights to Asia, the Americas, Europe and Africa.
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