Faulty component could have caused extensive damage to Cathay Pacific jet, report finds
CATY Stock | USD 52.92 0.93 1.73% |
Slightly above 57% of Cathay General's investor base is looking to short. The analysis of overall sentiment of trading Cathay General Bancorp stock suggests that many investors are alarmed at this time. Cathay General's investing sentiment can be driven by a variety of factors including economic data, Cathay General's earnings reports, geopolitical events, and overall market trends.
Cathay |
Hong Kongs air safety authority said Thursday that a defect in an engine component of a Cathay Pacific Airways Airbus A350 that caused a fire, forcing a Zurich-bound flight to return to Hong Kong, could have caused extensive damage to the aircraft. The report on the Sept. 2 incident by Hong Kongs Air Accident Investigation Authority said the steel braided sheath of a fuel hose connecting to a fuel spray nozzle was ruptured. Cathay Pacific Airways did not immediately comment.
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Cathay General Investor Sentiment by Other News Outlets
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Cathay General Fundamental Analysis
We analyze Cathay General's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cathay General using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cathay General based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Outstanding
Shares Outstanding Comparative Analysis
Cathay General is currently under evaluation in shares outstanding category among its peers. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Cathay General Bancorp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cathay General stock to make a market-neutral strategy. Peer analysis of Cathay General could also be used in its relative valuation, which is a method of valuing Cathay General by comparing valuation metrics with similar companies.
Peers
Cathay General Related Equities
FFNW | First Financial | 0.18 | ||||
HFWA | Heritage Financial | 0.04 | ||||
FNWD | Finward Bancorp | 0.03 | ||||
BY | Byline Bancorp | 0.84 | ||||
GBCI | Glacier Bancorp | 0.87 | ||||
CCB | Coastal Financial | 0.88 | ||||
FNWB | First Northwest | 1.03 | ||||
FFIN | First Financial | 1.11 | ||||
CFFN | Capitol Federal | 1.16 | ||||
CWBC | Community West | 1.17 | ||||
GCBC | Greene County | 1.59 | ||||
CFB | CrossFirst Bankshares | 1.78 | ||||
LNKB | LINKBANCORP | 2.10 | ||||
CNOB | ConnectOne Bancorp | 2.86 | ||||
BSRR | Sierra Bancorp | 2.90 |
Additional Tools for Cathay Stock Analysis
When running Cathay General's price analysis, check to measure Cathay General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cathay General is operating at the current time. Most of Cathay General's value examination focuses on studying past and present price action to predict the probability of Cathay General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay General's price. Additionally, you may evaluate how the addition of Cathay General to your portfolios can decrease your overall portfolio volatility.