Qantas Airways (OTCMKTS:QABSY – Get Free Report) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.
Qantas Airways Price Performance
Shares of OTCMKTS QABSY opened at $34.32 on Monday. The firm’s 50-day moving average price is $35.82 and its two-hundred day moving average price is $33.67. Qantas Airways has a 52-week low of $28.15 and a 52-week high of $41.65.
About Qantas Airways
Qantas Airways Limited is Australia’s flag carrier and one of the world’s oldest continuously operating airlines. The company provides a broad range of air transport services including scheduled passenger flights, air freight logistics, aircraft maintenance and engineering, and in-flight catering. It also operates a leading loyalty program, Qantas Frequent Flyer, which serves as a cornerstone of its revenue diversification strategy.
Founded in 1920 in Winton, Queensland, Qantas initially served remote outback communities before expanding into a national carrier following World War II.
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