The Kenya Airways share price today dropped to a new 12-month low. The counter opened trading this morning and immediately dropped 5 cents to open at Kshs. 13.60, down from yesterday’s close of Kshs. 13.65.
At about 12.14pm today, the KQ share touched the new 12-month low of Kshs. 12.55 but later recovered slightly to close trading at Kshs. 13.15.
12 month low?
A 12-month low is the lowest price that a share has been traded at over the last year. A 12 month high is the highest that a share has traded at over the preceding year. The two prices serve as indicative prices, effectively showing the margins within which the share has traded.