Kenton Jarvis Purchases 29 Shares of easyJet plc (LON:EZJ) Stock

easyJet plc (LON:EZJ) insider Kenton Jarvis purchased 29 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The stock was acquired at an average cost of GBX 526 ($6.50) per share, for a total transaction of £152.54 ($188.51).

Kenton Jarvis also recently made the following trade(s):

• On Friday, January 10th, Kenton Jarvis acquired 29 shares of easyJet stock. The stock was bought at an average cost of GBX 508 ($6.28) per share, with a total value of £147.32 ($182.06).
• On Thursday, December 19th, Kenton Jarvis sold 34,540 shares of easyJet stock. The shares were sold at an average price of GBX 568 ($7.02), for a total value of £196,187.20 ($242,445.87).
• On Tuesday, December 10th, Kenton Jarvis bought 26 shares of easyJet stock. The stock was purchased at an average price of GBX 579 ($7.16) per share, with a total value of £150.54 ($186.04).

easyJet Stock Down 2.6 %

easyJet stock traded down GBX 13.55 ($0.17) during midday trading on Tuesday, hitting GBX 509.65 ($6.30). 7,455,524 shares of the stock were exchanged, compared to its average volume of 13,999,780. The company has a quick ratio of 1.09, a current ratio of 1.03 and a debt-to-equity ratio of 132.04. The stock has a market capitalization of £3.84 billion, a price-to-earnings ratio of 1,040.10, a price-to-earnings-growth ratio of 0.59 and a beta of 2.49. easyJet plc has a 52-week low of GBX 404.70 ($5.00) and a 52-week high of GBX 594 ($7.34). The business’s 50-day moving average price is GBX 537.93 and its 200-day moving average price is GBX 508.97.

easyJet (LON:EZJ) last released its earnings results on Wednesday, November 27th. The company reported GBX 61.30 ($0.76) EPS for the quarter. easyJet had a return on equity of 17.26% and a net margin of 4.27%. On average, research analysts expect that easyJet plc will post 67.3369565 EPS for the current fiscal year.

easyJet Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, March 21st. Stockholders of record on Thursday, February 20th will be paid a dividend of GBX 12.10 ($0.15) per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a dividend yield of 2.24%. This is a positive change from easyJet’s previous dividend of $4.50. easyJet’s dividend payout ratio (DPR) is presently 1,020.41%.

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, seamlessly connecting Europe with the warmest welcome in the sky. easyJet is one of the largest airlines in the world, with 343 aircraft, operating 1,045 routes across 35 countries and 158 airports.