China Eastern Airlines (OTCMKTS:CHEAF) Shares Down 5.3% – Here’s Why

China Eastern Airlines Co. Limited (OTCMKTS:CHEAFGet Free Report) fell 5.3% during mid-day trading on Wednesday . The stock traded as low as $0.29 and last traded at $0.29. 5,000 shares traded hands during trading, The stock had previously closed at $0.30.

China Eastern Airlines Price Performance

The company’s 50-day moving average is $0.27 and its two-hundred day moving average is $0.25.

About China Eastern Airlines

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China Eastern Airlines Corporation Limited, together with its subsidiaries, operates in the civil aviation industry in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company offers passenger, cargo, mail delivery, ground, tour operations, air catering, and other miscellaneous services.

Further Reading

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