China Eastern Airlines (OTCMKTS:CHEAF) Shares Up 64.9% – Here’s What Happened

Shares of China Eastern Airlines Co. Limited (OTCMKTS:CHEAFGet Free Report) rose 64.9% during mid-day trading on Monday . The stock traded as high as $0.33 and last traded at $0.33. Approximately 2,000 shares changed hands during trading, a decline of 95% from the average daily volume of 38,650 shares. The stock had previously closed at $0.20.

China Eastern Airlines Stock Up 64.9 %

The stock has a 50-day simple moving average of $0.23 and a 200 day simple moving average of $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.

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