Air New Zealand (OTCMKTS:ANZFF) Stock Price Down 7.3% – Here’s Why

Air New Zealand Limited (OTCMKTS:ANZFFGet Free Report)’s share price traded down 7.3% on Friday . The stock traded as low as $0.32 and last traded at $0.32. 17,300 shares were traded during mid-day trading, an increase of 233% from the average session volume of 5,200 shares. The stock had previously closed at $0.3453.

Air New Zealand Price Performance

The business has a fifty day moving average price of $0.32 and a 200 day moving average price of $0.33.

Air New Zealand Company Profile

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Air New Zealand Limited is the state-owned flag carrier of New Zealand, headquartered in Auckland. The airline traces its roots back to Tasman Empire Airways Limited (TEAL), which began operations in 1940. It was rebranded as Air New Zealand in 1965 and has since grown into one of the nation’s leading providers of air transport services. The New Zealand government holds a majority stake in the company, which plays a critical role in connecting the country to international markets and supporting tourism and trade.

Air New Zealand operates a comprehensive network of domestic and international routes.

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