Cargojet (OTCMKTS:CGJTF) Shares Down 4.3% – What’s Next?

Shares of Cargojet Inc. (OTCMKTS:CGJTFGet Free Report) traded down 4.3% on Tuesday . The company traded as low as $64.45 and last traded at $64.45. 11,701 shares traded hands during trading, an increase of 88% from the average session volume of 6,229 shares. The stock had previously closed at $67.37.

Analyst Upgrades and Downgrades

Separately, Scotiabank restated an “outperform” rating on shares of Cargojet in a research report on Thursday, July 10th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

View Our Latest Report on CGJTF

Cargojet Stock Down 4.3%

The business has a fifty day moving average of $71.54 and a two-hundred day moving average of $67.98.

About Cargojet

(Get Free Report)

Cargojet Inc provides time sensitive overnight air cargo services and carriers in Canada. It operates domestic air cargo network services between 16 Canadian cities; and provides dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance basis operating between points in Canada, North and South America, and Europe.

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