Global Crossing Airlines Group (CVE:JET) Shares Down 4.9% – Time to Sell?

Global Crossing Airlines Group Inc. (CVE:JETGet Free Report) was down 4.9% during mid-day trading on Wednesday . The stock traded as low as C$1.36 and last traded at C$1.36. Approximately 10,010 shares changed hands during trading, a decline of 11% from the average daily volume of 11,289 shares. The stock had previously closed at C$1.43.

Global Crossing Airlines Group Trading Down 4.9 %

The company has a quick ratio of 1.04, a current ratio of 1.18 and a debt-to-equity ratio of 105.95. The firm has a market capitalization of C$63.25 million and a PE ratio of -2.57. The stock’s fifty day simple moving average is C$1.36 and its 200 day simple moving average is C$1.36.

About Global Crossing Airlines Group

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Global Crossing Airlines Group Inc operates in the airline business. It focuses to fly as an aircraft, crew, maintenance, and insurance (ACMI) and wet lease charter airline serving the United States, the Caribbean, and Latin American markets. The company is based in Miami, Florida.

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