Cargojet (OTCMKTS:CGJTF) Stock Price Up 3.4% – Time to Buy?
by Sarita Garza · The Markets DailyCargojet Inc. (OTCMKTS:CGJTF – Get Free Report) shot up 3.4% on Friday . The stock traded as high as $62.1679 and last traded at $62.1679. 100 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 8,202 shares. The stock had previously closed at $60.15.
Cargojet Stock Performance
The business has a fifty day moving average of $56.01 and a 200-day moving average of $65.96.
About Cargojet
Cargojet Inc is a Canadian-based air cargo carrier specializing in time-sensitive freight transportation. The company operates scheduled and on-demand cargo services throughout Canada and into international markets, providing next-flight-out and overnight delivery for a broad range of shippers. Cargojet’s fleet—anchored by Boeing 767-300ER freighters—is configured to handle standard palletized freight as well as specialized shipments such as temperature-controlled pharmaceuticals and high-value electronics.
Headquartered in Mississauga, Ontario, Cargojet serves major Canadian gateways including Toronto, Vancouver and Montreal, and extends its network into the United States, the Caribbean and select Latin American destinations.