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

Cathay Pacific Airways Limited (OTCMKTS:CPCAYGet Free Report)’s stock price hit a new 52-week high on Monday . The company traded as high as $6.34 and last traded at $6.16, with a volume of 21053 shares. The stock had previously closed at $6.07.

Cathay Pacific Airways Price Performance

The stock’s 50-day moving average price is $5.87 and its 200-day moving average price is $5.37.

Cathay Pacific Airways Company Profile

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Cathay Pacific Airways Limited, together with its subsidiaries, offers international passenger and air cargo transportation services. The company conducts airline operations principally to and from Hong Kong. It also engages in the property investment and travel reward program; operates as a travel tour operator; and provision of financial, aircraft acquisition facilitation, airline catering, information processing, aircraft ramp handling, laundry and dry cleaning, ground handling, and cargo terminal services.

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