China Southern Airlines (NYSE:ZNH) Shares Cross Above 200 Day Moving Average of $31.39
China Southern Airlines Company Limited (NYSE:ZNH) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $31.39 and traded as high as $36.90. China Southern Airlines shares last traded at $36.35, with a volume of 13,740 shares.
Several equities analysts have recently issued reports on the company. Zacks Investment Research lowered China Southern Airlines from a “hold” rating to a “sell” rating in a research report on Tuesday, March 2nd. Daiwa Capital Markets cut shares of China Southern Airlines from a “buy” rating to a “neutral” rating in a report on Tuesday, December 29th. Finally, HSBC raised China Southern Airlines from a “hold” rating to a “buy” rating in a research report on Thursday, April 1st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $34.00.
The business’s 50-day simple moving average is $36.26 and its 200 day simple moving average is $31.43. The firm has a market cap of $8.77 billion, a P/E ratio of -9.41 and a beta of 1.66. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.30 and a current ratio of 0.33.
China Southern Airlines Company Profile (NYSE:ZNH)
China Southern Airlines Company Limited provides airline transportation services in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. It operates through two segments, Airline Transportation Operations and Other Segments. The company offers passenger, cargo, mail delivery, and other extended transportation services.
Featured Article: Blue-Chip Stocks
Receive News & Ratings for China Southern Airlines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Southern Airlines and related companies with MarketBeat.com's FREE daily email newsletter.