China Eastern Airlines (OTCMKTS:CHEAF) Trading 10.2% Higher – What’s Next?

China Eastern Airlines Co. Limited (OTCMKTS:CHEAFGet Free Report)’s share price traded up 10.2% on Friday . The company traded as high as $0.36 and last traded at $0.36. 2,500 shares traded hands during trading, The stock had previously closed at $0.33.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lowered China Eastern Airlines from an “overweight” rating to a “neutral” rating in a research note on Monday, April 14th.

Get Our Latest Analysis on CHEAF

China Eastern Airlines Trading Up 10.2%

The business has a 50 day simple moving average of $0.35 and a two-hundred day simple moving average of $0.34.

About China Eastern Airlines

(Get Free Report)

China Eastern Airlines Corporation Limited, together with its subsidiaries, operates in the civil aviation industry in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company offers passenger, cargo, mail delivery, ground, tour operations, air catering, and other miscellaneous services.

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