Shares of Cathay Pacific Airways Ltd. (OTCMKTS:CPCAY – Get Free Report) saw an uptick in trading volume on Monday . 4,365 shares traded hands during trading, a decline of 4% from the previous session’s volume of 4,537 shares.The stock last traded at $8.50 and had previously closed at $8.5650.
Analyst Ratings Changes
Separately, Zacks Research lowered Cathay Pacific Airways from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Cathay Pacific Airways presently has an average rating of “Reduce”.
Check Out Our Latest Report on Cathay Pacific Airways
Cathay Pacific Airways Stock Performance
Cathay Pacific Airways Company Profile
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.
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