Qantas Airways (OTCMKTS:QUBSF) Shares Down 14.9% – Time to Sell?

Qantas Airways Limited (OTCMKTS:QUBSFGet Free Report) shares dropped 14.9% during mid-day trading on Monday . The company traded as low as $5.70 and last traded at $5.70. Approximately 2,542 shares changed hands during mid-day trading, an increase of 30% from the average daily volume of 1,954 shares. The stock had previously closed at $6.70.

Qantas Airways Price Performance

The firm has a 50-day simple moving average of $6.90 and a 200 day simple moving average of $6.91.

About Qantas Airways

(Get Free Report)

Qantas Airways Limited provides air transportation services in Australia and internationally. The company operates through Qantas Domestic, Qantas International, Jetstar Group, and Qantas Loyalty segments. It offers passenger flying, and air cargo and express freight services; and customer loyalty recognition programs.

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