Cathay Pacific Airways (OTCMKTS:CPCAY) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Cathay Pacific Airways Limited (OTCMKTS:CPCAYGet Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.17 and traded as low as $5.10. Cathay Pacific Airways shares last traded at $5.12, with a volume of 17,037 shares.

Cathay Pacific Airways Price Performance

The firm has a 50-day simple moving average of $5.13 and a 200-day simple moving average of $5.17.

About Cathay Pacific Airways

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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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