Cathay Pacific Airways Ltd. (OTCMKTS:CPCAY – Get Free Report)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $8.17, but opened at $8.68. Cathay Pacific Airways shares last traded at $8.47, with a volume of 1,129 shares trading hands.
Analyst Ratings Changes
Separately, Zacks Research lowered Cathay Pacific Airways from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce”.
Get Our Latest Research Report on Cathay Pacific Airways
Cathay Pacific Airways Stock Up 3.3%
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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