Cathay Pacific Airways (OTCMKTS:CPCAY) Hits New 52-Week High – What’s Next?

Cathay Pacific Airways Ltd. (OTCMKTS:CPCAYGet Free Report) shares reached a new 52-week high on Monday . The company traded as high as $8.19 and last traded at $8.19, with a volume of 207 shares traded. The stock had previously closed at $7.9250.

Cathay Pacific Airways Stock Performance

The company’s 50-day moving average price is $7.63 and its 200 day moving average price is $7.20.

Cathay Pacific Airways Company Profile

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Cathay Pacific Airways Limited (OTCMKTS:CPCAY) is the flag carrier of Hong Kong, operating a comprehensive network of scheduled passenger and cargo services across Asia, Europe, North America and Australasia. The airline’s fleet consists primarily of wide-body aircraft, including Airbus A330, A350 and Boeing 777 models, which are deployed on routes connecting Hong Kong International Airport to more than 80 destinations worldwide. Cathay Pacific is a founding member of the oneworld alliance, enabling seamless travel and loyalty benefits through partnerships with other leading global carriers.

Established in 1946 by American entrepreneur Roy C.

Further Reading

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