Qantas Airways Limited (OTCMKTS:QUBSF – Get Free Report)’s share price traded up 8.9% during trading on Thursday . The company traded as high as $7.00 and last traded at $7.00. 97,508 shares were traded during trading, an increase of 622% from the average daily volume of 13,505 shares. The stock had previously closed at $6.43.
Qantas Airways Stock Performance
The business has a 50-day simple moving average of $6.44 and a two-hundred day simple moving average of $6.53.
Qantas Airways Company Profile
Qantas Airways Limited is Australia’s flag carrier and one of the world’s oldest continuously operating airlines. Headquartered in Sydney, the company provides scheduled air passenger and freight services across domestic and international markets. Its core business includes mainline passenger operations under the Qantas brand, complemented by regional connectivity through its QantasLink subsidiary.
Qantas operates a mixed fleet of Airbus and Boeing aircraft, serving major domestic routes between Australian cities as well as long-haul flights to Asia, the Americas, Europe and Africa.
Further Reading
- Five stocks we like better than Qantas Airways
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
Receive News & Ratings for Qantas Airways Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qantas Airways and related companies with MarketBeat.com's FREE daily email newsletter.
