Qantas Airways (OTCMKTS:QABSY) Trading 0.3% Higher – What’s Next?

Shares of Qantas Airways Limited (OTCMKTS:QABSYGet Free Report) rose 0.3% on Tuesday . The company traded as high as $34.72 and last traded at $34.72. Approximately 18,896 shares were traded during mid-day trading, an increase of 33% from the average daily volume of 14,202 shares. The stock had previously closed at $34.60.

Qantas Airways Trading Up 0.3%

The stock’s fifty day moving average price is $32.95 and its 200-day moving average price is $34.99.

About Qantas Airways

(Get Free Report)

Qantas Airways Limited is Australia’s flag carrier and one of the world’s oldest continuously operating airlines. The company provides a broad range of air transport services including scheduled passenger flights, air freight logistics, aircraft maintenance and engineering, and in-flight catering. It also operates a leading loyalty program, Qantas Frequent Flyer, which serves as a cornerstone of its revenue diversification strategy.

Founded in 1920 in Winton, Queensland, Qantas initially served remote outback communities before expanding into a national carrier following World War II.

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