Flight Centre (OTCMKTS:FGETF) Shares Gap Down – Here’s What Happened

Flight Centre Ltd. (OTCMKTS:FGETF – Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $9.56, but opened at $6.7575. Flight Centre shares last traded at $6.7575, with a volume of 946 shares changing hands.

Wall Street Analyst Weigh In

Separately, Citigroup cut Flight Centre to a “neutral” rating in a research report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Flight Centre has an average rating of “Buy”.

View Our Latest Research Report on FGETF

Flight Centre Price Performance

The business’s 50-day moving average price is $8.88 and its two-hundred day moving average price is $8.03.

About Flight Centre

(Get Free Report)

Flight Centre Travel Group Limited is an Australian travel services company that provides leisure and corporate travel solutions to consumers, businesses and organizations. Its services include airfares, accommodation, vacation packages, cruises, tours, travel insurance, car rental and other travel-related products.

The company operates through a portfolio of brands, including Flight Centre for leisure travel, FCM for corporate travel management, Corporate Traveler for small and medium-sized businesses, and specialist brands serving students, events and other travel segments.

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