Cathay Pacific Airways Ltd. (OTCMKTS:CPCAY – Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $9.50, but opened at $9.18. Cathay Pacific Airways shares last traded at $9.18, with a volume of 361 shares changing hands.
Wall Street Analyst Weigh In
Separately, Citigroup raised Cathay Pacific Airways from a “strong sell” rating to a “buy” rating in a research report on Tuesday, July 21st. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on CPCAY
Cathay Pacific Airways Stock Performance
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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