easyJet (LON:EZJ) Share Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

easyJet plc (LON:EZJ - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 517.13 ($7.09) and traded as high as GBX 542.40 ($7.44). easyJet shares last traded at GBX 525.20 ($7.21), with a volume of 3,108,515 shares changing hands.

easyJet Trading Up 0.5%

The company has a current ratio of 1.02, a quick ratio of 1.09 and a debt-to-equity ratio of 110.33. The business's fifty day simple moving average is GBX 538.97 and its two-hundred day simple moving average is GBX 515.60. The stock has a market capitalization of £4.02 billion, a P/E ratio of 10.74, a P/E/G ratio of 0.59 and a beta of 2.49.

easyJet (LON:EZJ - Get Free Report) last announced its quarterly earnings data on Thursday, May 22nd. The company reported GBX (38.90) (($0.53)) earnings per share (EPS) for the quarter. easyJet had a net margin of 4.27% and a return on equity of 13.89%. As a group, analysts forecast that easyJet plc will post 67.3369565 earnings per share for the current year.

Insider Activity

In other easyJet news, insider Elyes Mrad acquired 14,000 shares of the company's stock in a transaction dated Wednesday, June 4th. The stock was bought at an average price of GBX 588 ($8.07) per share, for a total transaction of £82,320 ($112,937.30). In the last 90 days, insiders acquired 14,061 shares of company stock worth $8,262,068. 16.74% of the stock is currently owned by corporate insiders.

easyJet Company Profile

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.