Jet2 (LON:JET2) Trading 0.8% Higher

Jet2 plc (LON:JET2) traded up 0.8% during mid-day trading on Thursday . The stock traded as high as GBX 1,323 ($16.78) and last traded at GBX 1,307 ($16.58). 235,482 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 483,113 shares. The stock had previously closed at GBX 1,296 ($16.44).

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on JET2. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,900 ($24.10) price target on shares of Jet2 in a report on Wednesday, April 24th. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 1,950 ($24.74) price target on shares of Jet2 in a report on Friday, April 12th.

Jet2 Price Performance

The company has a debt-to-equity ratio of 87.09, a current ratio of 1.62 and a quick ratio of 1.49. The firm has a market cap of £2.81 billion, a PE ratio of 719.23, a price-to-earnings-growth ratio of 9.34 and a beta of 2.23. The firm has a 50-day simple moving average of GBX 1,346.66 and a 200 day simple moving average of GBX 1,352.38.

Jet2 Company Profile

Jet2 plc, together with its subsidiaries, engages in the leisure travel business primarily in the United Kingdom. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in the package holiday and non-ticket retail activities, as well as passenger and charter aircraft operations.