Cathay Pacific Airways (OTCMKTS:CPCAY) Hits New 12-Month High – Should You Buy?

Cathay Pacific Airways Limited (OTCMKTS:CPCAYGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $5.90 and last traded at $5.90, with a volume of 34869 shares traded. The stock had previously closed at $5.81.

Cathay Pacific Airways Price Performance

The firm has a 50-day moving average price of $5.24 and a 200-day moving average price of $5.18.

Cathay Pacific Airways Company Profile

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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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