Qantas Airways Limited (OTCMKTS:QABSY – Get Free Report) gapped up prior to trading on Tuesday. The stock had previously closed at $30.72, but opened at $32.61. Qantas Airways shares last traded at $32.7299, with a volume of 1,316 shares.
Wall Street Analyst Weigh In
Separately, Zacks Research downgraded Qantas Airways from a “hold” rating to a “strong sell” rating in a research note on Monday, October 5th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Qantas Airways presently has an average rating of “Sell”.
Check Out Our Latest Analysis on Qantas Airways
Qantas Airways Price Performance
The stock has a 50 day simple moving average of $31.36 and a 200 day simple moving average of $33.17.
About Qantas Airways
Qantas Airways Limited is Australia’s national airline and one of the country’s largest aviation groups. Founded in 1920, the company operates scheduled passenger services under the Qantas brand, connecting Australian cities with destinations across New Zealand, Asia, Europe, North America and the Pacific. Its domestic and international operations serve business and leisure travelers through a network of regular flights.
The Qantas Group also operates Jetstar, a low-cost airline serving Australia and selected international markets.
Read More
- Five stocks we like better than Qantas Airways
- Alphabet’s Golden Dome Talks Could Open a New Market, But How Much Is at Stake?
- Tempus AI Surges on Earnings Beat, But Can the Rally Last?
- MicroVision Pivots: Mapping New Ground Beyond Auto
- Are the Fears Around Alphabet’s Search Slowdown Warranted?
Receive News & Ratings for Qantas Airways Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qantas Airways and related companies with MarketBeat.com's FREE daily email newsletter.
