Ryanair (LON:RYA) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Ryanair Holdings plc (LON:RYA) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 14.41 ($0.19) and traded as high as GBX 14.47 ($0.19). Ryanair shares last traded at GBX 14.42 ($0.19), with a volume of 1,030,830 shares changing hands.

Ryanair Stock Up 1.5 %

The firm has a 50-day moving average price of GBX 14.41 and a two-hundred day moving average price of GBX 14.41. The company has a debt-to-equity ratio of 116.44, a quick ratio of 1.14 and a current ratio of 1.34. The firm has a market cap of £163.33 million and a price-to-earnings ratio of -24.94.

Ryanair Company Profile

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, Germany, and Other European countries. It is also involved in the provision of various ancillary services, such as non-flight scheduled services and internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation and hotel services, car hire, and travel insurance through its Website and mobile app.