Cathay Pacific Airways (OTCMKTS:CPCAY) Reaches New 1-Year High – Time to Buy?

Cathay Pacific Airways Ltd. (OTCMKTS:CPCAYGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as $7.80 and last traded at $7.78, with a volume of 4257 shares trading hands. The stock had previously closed at $7.60.

Cathay Pacific Airways Stock Performance

The stock has a 50-day simple moving average of $7.01 and a two-hundred day simple moving average of $6.90.

Cathay Pacific Airways Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, October 20th. Investors of record on Friday, September 5th were issued a dividend of $0.1074 per share. This represents a dividend yield of 573.0%. The ex-dividend date of this dividend was Thursday, September 4th.

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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