China Eastern Airlines (OTCMKTS:CHEAF) Stock Price Up 5.3% – Still a Buy?

China Eastern Airlines Co. Limited (OTCMKTS:CHEAFGet Free Report)’s share price rose 5.3% during mid-day trading on Monday . The company traded as high as $0.32 and last traded at $0.32. Approximately 2,000 shares were traded during mid-day trading, The stock had previously closed at $0.30.

China Eastern Airlines Stock Performance

The company has a 50-day simple moving average of $0.33 and a two-hundred day simple moving average of $0.28.

China Eastern Airlines Company Profile

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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.

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