Air New Zealand (OTCMKTS:ANZFF) Stock Price Up 8.6% – Time to Buy?

Air New Zealand Limited (OTCMKTS:ANZFF) shares shot up 8.6% during mid-day trading on Monday . The company traded as high as $0.38 and last traded at $0.38. 70,754 shares traded hands during trading, an increase of 409% from the average session volume of 13,890 shares. The stock had previously closed at $0.35.

Air New Zealand Stock Up 8.6 %

The firm has a 50 day simple moving average of $0.35 and a 200 day simple moving average of $0.33.

Air New Zealand Company Profile

Air New Zealand Limited provides passenger and cargo transportation services on scheduled airlines primarily in New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. The company also offers ground handling services; engineering and maintenance services, including aircraft and component maintenance, repair, and overhaul services; aviation services; and aircraft leasing and financing services.