Qantas Airways (ASX:QAN) Stock Passes Below Fifty Day Moving Average of $5.51

Qantas Airways Limited (ASX:QAN) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $5.51 and traded as low as $5.71. Qantas Airways shares last traded at $5.71, with a volume of 4,735,610 shares changing hands.

The company has a quick ratio of 0.31, a current ratio of 0.41 and a debt-to-equity ratio of 149.15. The stock’s 50 day moving average price is A$5.52. The stock has a market capitalization of $9.11 billion and a PE ratio of 10.96.

Qantas Airways Company Profile (ASX:QAN)

Qantas Airways Limited provides passenger and freight air transportation services in Australia and internationally. The company also offers air cargo and express freight services; and customer loyalty programs. As of June 30, 2018, it operated a fleet of 313 aircraft. The company was founded in 1920 and is headquartered in Mascot, Australia.

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