China Southern Airli Hits New 52-Week Low at $14.47 (ZNH)
China Southern Airli (NYSE:ZNH) hit a new 52-week low during trading on Wednesday , Stock Ratings Network.com reports. The stock traded as low as $14.47 and last traded at $14.60, with a volume of 25,944 shares changing hands. The stock had previously closed at $14.78.
Separately, analysts at RBC Capital downgraded shares of China Southern Airli to a “sector perform” rating in a research note on Thursday, April 17th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $44.31.
The stock has a 50-day moving average of $15.02 and a 200-day moving average of $17.39. The company has a market cap of $2.872 billion and a P/E ratio of 11.37.
China Southern Airlines Company Limited, incorporated on March 25, 1995, provides commercial airline services throughout China, Hong Kong, Macau and Taiwan regions, Southeast Asia and other parts of the world.
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