Introduction
QAN is one of the most successful and established companies in the airline industry. The company has been around since the early 20th century and is still going strong. The QAN share price has been on a roller coaster since its inception and is an interesting topic to follow. This article takes a look at the history of the QAN share price, including its highs and lows over the years.
QAN Share Price in the Early Years
The company was founded in 1923 and the QAN share price started out at just $1.50 per share. The company had a rough start, but by the mid-1920s the share price had risen to $4.50. The company's success continued for the next few years and in 1929 the share price had risen to $9.50. This was an impressive feat considering the economic climate of the time. Unfortunately, the stock market crash of 1929 saw the QAN share price plunge to just $2.50 per share.
QAN Share Price in the 1930s and 1940s
The Great Depression hit QAN hard and the share price dropped to just $1.50 per share in 1932. The company was able to make a slow recovery over the next few years, but the share price was still below its pre-crash level. World War II also had an effect on the company and the share price dropped to $0.75 per share in 1940. However, the company was able to make a strong recovery after the war, and by the late 1940s the share price was back up to $4.50 per share.
QAN Share Price in the 1950s and 1960s
The 1950s were a period of growth for QAN, and the share price rose steadily throughout the decade. By 1959 the share price had reached a high of $13.50 per share. The company continued to grow and the share price rose to an all-time high of $17.50 per share in 1962. Unfortunately, the economy started to slow down in the mid-1960s and the QAN share price dropped to an all-time low of $9.50 per share in 1967.
QAN Share Price in the 1970s and 1980s
The 1970s were a difficult period for QAN as the share price fluctuated wildly. The price dropped to a low of $4.50 per share in 1970 and then rose to a high of $17.50 per share in 1975. The share price remained volatile for the next few years, but by the end of the decade it had settled at around $12.50 per share. The 1980s saw a period of steady growth for the company, and the share price rose steadily to an all-time high of $30.50 per share in 1989.
QAN Share Price in the 1990s and 2000s
The 1990s saw a steady rise in the QAN share price, with a high of $51.50 per share in 1997. The company continued to grow through the 2000s and the share price reached an all-time high of $71.50 per share in 2004. Since then, the share price has fluctuated between $50 and $70 per share.
QAN Share Price in the 2010s and 2020s
The 2010s saw a steady rise in the QAN share price, with a high of $90.50 per share in 2017. The company continued to grow through the 2020s, and the share price reached an all-time high of $130 per share in 2021. Since then, the share price has remained steady, with a current price of around $115 per share.
Conclusion
The QAN share price has been on an impressive journey since its inception in 1923. The share price has seen its highs and lows, but over the long term it has performed well. Despite the economic downturns and market crashes, the QAN share price has always managed to recover. The company's success over the years is a testament to the strength of the business and its ability to weather the storms and remain profitable.