Cathay Pacific Airways Limited (OTCMKTS:CPCAY – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.08 and traded as low as $5.65. Cathay Pacific Airways shares last traded at $5.84, with a volume of 10,141 shares changing hands.
Cathay Pacific Airways Trading Up 3.3 %
The business’s 50-day moving average is $6.52 and its 200-day moving average is $6.08.
Cathay Pacific Airways Increases Dividend
The business also recently disclosed a dividend, which will be paid on Monday, May 19th. Stockholders of record on Wednesday, April 2nd will be issued a $0.3153 dividend. The ex-dividend date is Wednesday, April 2nd. This is a boost from Cathay Pacific Airways’s previous dividend of $0.11.
About Cathay Pacific Airways
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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