Cathay Pacific Airways (OTCMKTS:CPCAY) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Cathay Pacific Airways Limited (OTCMKTS:CPCAY) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-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 trading hands.

Cathay Pacific Airways Stock Down 0.4 %

The stock has a fifty day moving average of $6.69 and a 200-day moving average of $5.95.

Cathay Pacific Airways Increases Dividend

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

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.