Cathay Pacific Airways (OTCMKTS:CPCAY) Shares Gap Up – Time to Buy?

Cathay Pacific Airways Ltd. (OTCMKTS:CPCAYGet Free Report)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $7.70, but opened at $8.10. Cathay Pacific Airways shares last traded at $8.11, with a volume of 3,109 shares traded.

Cathay Pacific Airways Stock Up 4.7%

The stock’s fifty day simple moving average is $7.78 and its 200-day simple moving average is $7.30.

About Cathay Pacific Airways

(Get Free Report)

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.

Read More

Receive News & Ratings for Cathay Pacific Airways Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cathay Pacific Airways and related companies with MarketBeat.com's FREE daily email newsletter.