Global Crossing Airlines Group (CVE:JET) Stock Price Down 4.9% – Should You Sell?

Global Crossing Airlines Group Inc. (CVE:JETGet Free Report)’s stock price traded down 4.9% on Wednesday . The stock traded as low as C$1.36 and last traded at C$1.36. 10,010 shares were traded during trading, a decline of 11% from the average session volume of 11,289 shares. The stock had previously closed at C$1.43.

Global Crossing Airlines Group Trading Down 4.9 %

The business’s fifty day moving average is C$1.36 and its 200-day moving average is C$1.36. The company has a debt-to-equity ratio of 105.95, a quick ratio of 1.04 and a current ratio of 1.18. The firm has a market cap of C$63.25 million and a P/E ratio of -2.57.

Global Crossing Airlines Group (CVE:JETGet Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The company reported C($0.11) earnings per share (EPS) for the quarter.

Global Crossing Airlines Group Company Profile

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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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