China Southern Airlines Co (ZNH) Shares Gap Up to $32.55
China Southern Airlines Co (NYSE:ZNH)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $32.21, but opened at $32.55. China Southern Airlines shares last traded at $33.10, with a volume of 13,330 shares trading hands.
Separately, Zacks Investment Research upgraded China Southern Airlines from a “sell” rating to a “hold” rating in a report on Wednesday, April 27th.
The stock has a 50-day moving average price of $31.98 and a 200-day moving average price of $30.78. The stock has a market capitalization of $6.58 billion and a price-to-earnings ratio of 9.32.
China Southern Airlines Company Limited is engaged in airline operations. The Company also operates certain airline related businesses, including provision of aircraft maintenance and air catering services. The Company operates through the airline transportation operations segment. The Company’s other segments consist primarily of business segments of hotel and tour operation, ground services, cargo handling and other miscellaneous services.