The stock of Qantas Airways Limited (ASX:QAN) is a huge mover today! The stock increased 3.77% or $0.12 on November 30, hitting $3.3. About 11.91 million shares traded hands or 43.84% up from the average. Qantas Airways Limited (ASX:QAN) has declined 2.37% since May 4, 2016 and is downtrending. It has underperformed by 7.59% the S&P500.
The move comes after 9 months positive chart setup for the $6.73B company. It was reported on Nov, 30 by Barchart.com. We have $3.43 PT which if reached, will make ASX:QAN worth $269.20 million more.
More notable recent Qantas Airways Limited (ASX:QAN) news were published by: Fool.com.Au which released: “3 big reasons to avoid Qantas Airways Limited shares” on October 18, 2016, also Fool.com.Au with their article: “Qantas Airways Limited is being buffetted by headwinds” published on October 21, 2016, Fool.com.Au published: “Is it time to buy shares of Qantas Airways Limited?” on November 14, 2016. More interesting news about Qantas Airways Limited (ASX:QAN) were released by: Bloomberg.com and their article: “Qantas First-Half Profit to Fall as International Fares Drop” published on October 30, 2016 as well as Fool.com.Au‘s news article titled: “Is now a good time to buy Qantas Airways Limited shares?” with publication date: September 19, 2016.
Qantas Airways Limited is an Australia company, which operates domestic and international airline. The company has a market cap of $6.73 billion. The Firm is engaged in the operation of international and domestic air transportation services, the provision of freight services and the operation of a frequent flyer loyalty program. It has a 6.75 P/E ratio. The Company’s divisions include Qantas Domestic, Qantas International, Jetstar Group, Qantas Freight, Qantas Loyalty and Corporate.
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