Cathay Pacific Airways Ltd. (OTCMKTS:CPCAY – Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $8.06, but opened at $7.70. Cathay Pacific Airways shares last traded at $7.70, with a volume of 8,255 shares changing hands.
Cathay Pacific Airways Trading Down 4.5%
The stock has a 50-day moving average price of $7.79 and a two-hundred day moving average price of $7.31.
About Cathay Pacific Airways
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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