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easyJet (LON:EZJ) Stock Crosses Above Two Hundred Day Moving Average - Should You Sell?

easyJet logo with Industrials background

Shares of easyJet plc (LON:EZJ - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 511.60 ($6.80) and traded as high as GBX 529.60 ($7.04). easyJet shares last traded at GBX 521.20 ($6.93), with a volume of 3,889,146 shares.

easyJet Price Performance

The stock's 50-day moving average price is GBX 479.59 and its 200-day moving average price is GBX 511.90. The company has a market capitalization of £3.99 billion, a price-to-earnings ratio of 10.66, a price-to-earnings-growth ratio of 0.59 and a beta of 2.49. The company has a quick ratio of 1.09, a current ratio of 1.02 and a debt-to-equity ratio of 110.33.

easyJet Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 21st. Stockholders of record on Thursday, February 20th were given a dividend of GBX 12.10 ($0.16) per share. This represents a dividend yield of 2.24%. This is a positive change from easyJet's previous dividend of $4.50. The ex-dividend date was Thursday, February 20th. easyJet's dividend payout ratio is presently 10.09%.

easyJet Company Profile

(Get Free Report)

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.

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