BidaskClub cut shares of China Eastern Airlines Corporation Ltd. (NYSE:CEA) from a hold rating to a sell rating in a research report released on Friday morning.

Shares of China Eastern Airlines Corporation (CEA) opened at 27.65 on Friday. The firm has a 50 day moving average price of $29.36 and a 200-day moving average price of $28.05. China Eastern Airlines Corporation has a 12 month low of $21.38 and a 12 month high of $30.90. The company has a market cap of $8.00 billion, a P/E ratio of 11.29 and a beta of 1.23.

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The firm also recently declared a special dividend, which will be paid on Monday, August 21st. Shareholders of record on Monday, July 3rd will be given a dividend of $0.3554 per share. The ex-dividend date is Thursday, June 29th.

China Eastern Airlines Corporation Company Profile

China Eastern Airlines Corporation Limited is a China-based company principally engaged in the provision of airline transportation and extended services. The Company is primarily engaged in the operation of airline passenger, cargo, mail delivery, tour operations and other extended transportation services.

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