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.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Susquehanna International Group LLP purchased a new stake in China Southern Airlines in the fourth quarter valued at approximately $987,000. Aperio Group LLC raised its position in shares of China Southern Airlines by 17.1% during the 4th quarter. Aperio Group LLC now owns 61,161 shares of the transportation company’s stock worth $1,813,000 after acquiring an additional 8,947 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of China Southern Airlines by 12,416.0% during the third quarter. JPMorgan Chase & Co. now owns 6,258 shares of the transportation company’s stock worth $167,000 after buying an additional 6,208 shares during the period. Morgan Stanley lifted its holdings in shares of China Southern Airlines by 211.3% during the third quarter. Morgan Stanley now owns 8,406 shares of the transportation company’s stock worth $228,000 after purchasing an additional 5,706 shares during the period. Finally, Renaissance Technologies LLC increased its position in China Southern Airlines by 1.5% during the 4th quarter. Renaissance Technologies LLC now owns 341,700 shares of the transportation company’s stock worth $10,131,000 after purchasing an additional 4,900 shares during the period. 0.28% of the stock is currently owned by institutional investors and hedge funds.

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.

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