Cathay Pacific Airways (OTCMKTS:CPCAY) Shares Pass Above 200 Day Moving Average – Should You Sell?

Cathay Pacific Airways Limited (OTCMKTS:CPCAYGet Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $5.94 and traded as high as $6.73. Cathay Pacific Airways shares last traded at $6.73, with a volume of 1,778 shares traded.

Cathay Pacific Airways Stock Performance

The firm’s 50-day simple moving average is $6.68 and its 200 day simple moving average is $5.94.

Cathay Pacific Airways Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, May 19th. Shareholders of record on Wednesday, April 2nd will be given a $0.3153 dividend. The ex-dividend date of this dividend is Wednesday, April 2nd. This is a boost from Cathay Pacific Airways’s previous dividend of $0.11.

Cathay Pacific Airways Company Profile

(Get Free Report)

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.

Further Reading

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