Qantas Airways (ASX:QAN) Shares Cross Above 200-Day Moving Average of $5.67

Qantas Airways Limited (ASX:QAN)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.67 and traded as high as $6.36. Qantas Airways shares last traded at $6.29, with a volume of 5,743,436 shares changing hands.

The stock has a market cap of $9.88 billion and a price-to-earnings ratio of 11.56. The company has a quick ratio of 0.38, a current ratio of 0.49 and a debt-to-equity ratio of 152.04. The stock has a fifty day moving average of A$5.93 and a two-hundred day moving average of A$5.67.

The company also recently announced a Final dividend, which was paid on Monday, September 23rd. Investors of record on Monday, September 23rd were issued a $0.13 dividend. This represents a yield of 2.21%. The ex-dividend date of this dividend was Monday, September 2nd. Qantas Airways’s payout ratio is currently 47.79%.

In related news, insider Alan Joyce sold 1,519,012 shares of Qantas Airways stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of A$5.93 ($4.20), for a total value of A$9,000,146.10 ($6,383,082.34).

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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