China Eastern Airlines (OTCMKTS:CHEAF) Shares Up 5.7% – What’s Next?

China Eastern Airlines Co. Limited (OTCMKTS:CHEAFGet Free Report)’s share price shot up 5.7% during mid-day trading on Monday . The stock traded as high as $0.5062 and last traded at $0.5062. 1,287 shares were traded during trading, a decline of 80% from the average session volume of 6,352 shares. The stock had previously closed at $0.4787.

China Eastern Airlines Stock Performance

The company’s 50-day simple moving average is $0.38 and its 200-day simple moving average is $0.36.

About China Eastern Airlines

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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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