easyJet (LON:EZJ) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

easyJet plc (LON:EZJ)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 515.07 ($7.03) and traded as high as GBX 532.70 ($7.27). easyJet shares last traded at GBX 531.60 ($7.26), with a volume of 1,824,103 shares traded.

easyJet Price Performance

The company has a debt-to-equity ratio of 110.33, a quick ratio of 1.09 and a current ratio of 1.02. The firm has a market cap of £4.02 billion, a P/E ratio of 10.73, a P/E/G ratio of 0.59 and a beta of 2.49. The company has a 50-day moving average of GBX 542.78 and a 200 day moving average of GBX 515.07.

easyJet (LON:EZJ) last issued its quarterly earnings data on Thursday, May 22nd. The company reported GBX (38.90) (($0.53)) earnings per share (EPS) for the quarter. easyJet had a net margin of 4.27% and a return on equity of 13.89%. On average, sell-side analysts anticipate that easyJet plc will post 67.3369565 EPS for the current year.

Insider Transactions at easyJet

In other easyJet news, insider Elyes Mrad acquired 14,000 shares of the business’s stock in a transaction on Wednesday, June 4th. The stock was purchased at an average price of GBX 588 ($8.03) per share, for a total transaction of £82,320 ($112,382.25). In the last ninety days, insiders acquired 14,061 shares of company stock valued at $8,262,068. Insiders own 16.74% of the company’s stock.

About easyJet

We are a low-cost, European, point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to provide simple, convenient travel and holidays at a competitive price with outstanding customer service.