Qantas Airways (OTCMKTS:QUBSF) Stock Price Down 11.5% – Here’s What Happened

Shares of Qantas Airways Limited (OTCMKTS:QUBSF – Get Free Report) were down 11.5% on Monday. The company traded as low as $6.1535 and last traded at $6.1535. Approximately 399 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 15,371 shares. The stock had previously closed at $6.95.

Qantas Airways Trading Down 11.5%

The business has a 50-day simple moving average of $6.95 and a 200-day simple moving average of $6.52.

Qantas Airways Company Profile

(Get Free Report)

Qantas Airways Limited is Australia’s national airline and one of the country’s largest aviation groups. Founded in 1920, the company operates passenger air services under the Qantas brand and serves destinations across Australia, New Zealand, Asia, the Americas, Europe and other international markets through its network and airline partnerships.

The company’s operations include domestic and international passenger flights, air freight and logistics services, aircraft maintenance and engineering, and travel-related services.

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