Shares of Finnair Oyj (OTCMKTS:FNNNF) traded down 7.1% during trading on Monday . The company traded as low as $0.72 and last traded at $0.72. 1,200 shares traded hands during trading, a decline of 90% from the average session volume of 11,716 shares. The stock had previously closed at $0.78.
Separately, HSBC downgraded shares of Finnair Oyj from a “buy” rating to a “hold” rating and set a $0.70 price objective on the stock. in a report on Monday, July 19th.
The firm’s fifty day simple moving average is $0.78 and its 200-day simple moving average is $0.83.
Finnair Oyj engages in the provision of airport transport and supporting services. It offers flight connections to people travelling between Asian megacities and Europe. The company was founded on November 1, 1923 and is headquartered in Vantaa, Finland.
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