Cathay Pacific Airways (OTCMKTS:CPCAY) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Cathay Pacific Airways Limited (OTCMKTS:CPCAY) 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 traded.

Cathay Pacific Airways Stock Down 0.4 %

The company has a 50-day simple moving average of $6.69 and a two-hundred day simple moving average of $5.95.

Cathay Pacific Airways Increases Dividend

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

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.