Cathay Pacific Airways (OTCMKTS:CPCAY) Stock Price Crosses Above 200 Day Moving Average of $5.22

Cathay Pacific Airways Limited (OTCMKTS:CPCAY) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.22 and traded as high as $5.30. Cathay Pacific Airways shares last traded at $5.30, with a volume of 1,769 shares.

Cathay Pacific Airways Stock Performance

The company has a debt-to-equity ratio of 0.89, a current ratio of 0.58 and a quick ratio of 0.50. The business’s 50-day moving average is $5.05 and its two-hundred day moving average is $5.22.

Cathay Pacific Airways Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, October 21st. Stockholders of record on Thursday, September 5th will be issued a $0.113 dividend. The ex-dividend date of this dividend is Thursday, September 5th.

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.