19.04.2007, 09:09
UTair’s Market Capitalization Tops $300m
OREANDA-NEWS. April 13, 2007. The shares of UTair (UTair Aviation, JSC) have been showing strong growth recently on the stock market, reported the press-centre of UTair.
In April 2007, the airline’s market capitalization surpassed $300m. The level was topped on April 4 during the intraday trade on the Moscow Interbank Currency Exchange (MICEX).
Over the past two years, the airline’s stocks have been gaining fast. For reference, while in early 2006 the weighted average price per share amounted to $0,147, at the beginning of 2007 it was registered at $0,425, and climbed to $0,562 as of April 11, 2007.
For the record, only two of Russian air carriers are now listed on Russian stock exchanges, and namely Aeroflot – Russian Airlines and UTair.
On the RTS Stock Exchange, UTair stocks are trading under the ticker symbol TMAT, and under UTAR on MICEX.
The airline’s ADRs are trading over-the-counter in New York, Frankfurt and Berlin (the UAIRY ticker symbol).
In April 2007, the airline’s market capitalization surpassed $300m. The level was topped on April 4 during the intraday trade on the Moscow Interbank Currency Exchange (MICEX).
Over the past two years, the airline’s stocks have been gaining fast. For reference, while in early 2006 the weighted average price per share amounted to $0,147, at the beginning of 2007 it was registered at $0,425, and climbed to $0,562 as of April 11, 2007.
For the record, only two of Russian air carriers are now listed on Russian stock exchanges, and namely Aeroflot – Russian Airlines and UTair.
On the RTS Stock Exchange, UTair stocks are trading under the ticker symbol TMAT, and under UTAR on MICEX.
The airline’s ADRs are trading over-the-counter in New York, Frankfurt and Berlin (the UAIRY ticker symbol).
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