Qantas Airways Limited (OTCMKTS:QUBSF – Get Free Report) dropped 11.5% during mid-day trading on Monday. The company traded as low as $6.1535 and last traded at $6.1535. 399 shares changed 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 Price Performance
The company’s 50-day simple moving average is $6.95 and its 200 day simple moving average is $6.52.
Qantas Airways Company Profile
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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