Flight Centre (OTCMKTS:FGETF) Shares Gap Down – Time to Sell?

Flight Centre Ltd. (OTCMKTS:FGETFGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $9.56, but opened at $8.29. Flight Centre shares last traded at $8.29, with a volume of 496 shares.

Analysts Set New Price Targets

Separately, Citigroup downgraded shares of Flight Centre to a “neutral” rating in a report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy”.

Check Out Our Latest Report on Flight Centre

Flight Centre Price Performance

The stock’s 50 day moving average is $8.97 and its two-hundred day moving average is $8.16.

About Flight Centre

(Get Free Report)

Flight Centre Travel Group (OTCMKTS: FGETF) is a global travel agency headquartered in Brisbane, Australia. The company operates across both leisure and corporate segments, offering travel booking services, tailored itineraries and travel management solutions. Through an integrated network of retail stores, online platforms and dedicated corporate divisions, Flight Centre provides airfares, hotel accommodations, package tours and ancillary travel products to individual and business clients.

Founded in 1982 by Graham Turner and Geoff Harris, the company has expanded from a single storefront in Sydney into a multinational enterprise.

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