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Cathay Pacific Airways (OTCMKTS:CPCAY) Share Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Cathay Pacific Airways logo with Transportation background
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Cathay Pacific Airways Limited (OTCMKTS:CPCAY - Get Free Report) shares passed 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 changing hands.

Cathay Pacific Airways Stock Performance

The business's 50 day moving average is $6.69 and its 200 day moving average is $5.96.

Cathay Pacific Airways Increases Dividend

The firm 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 of this dividend is Wednesday, April 2nd. This is an increase 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.

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