Free Trial

easyJet (LON:EZJ) Stock Price Crosses Above 200-Day Moving Average - Here's Why

easyJet logo with Industrials background

easyJet plc (LON:EZJ - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 517.65 ($7.02) and traded as high as GBX 589.40 ($8.00). easyJet shares last traded at GBX 587 ($7.96), with a volume of 1,782,353 shares.

easyJet Stock Performance

The company has a market cap of £4.11 billion, a P/E ratio of 10.97, a PEG ratio of 0.59 and a beta of 2.49. The business's 50 day simple moving average is GBX 524.26 and its 200 day simple moving average is GBX 518.74. The company has a current ratio of 1.02, a quick ratio of 1.09 and a debt-to-equity ratio of 110.33.

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%. Sell-side analysts predict that easyJet plc will post 67.3369565 earnings per share for the current fiscal year.

easyJet Increases Dividend

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

Insider Buying and Selling at easyJet

In other easyJet news, insider Elyes Mrad acquired 14,000 shares of the company's stock in a transaction on Wednesday, June 4th. The stock was acquired at an average cost of GBX 588 ($7.98) per share, with a total value of £82,320 ($111,696.07). Insiders purchased a total of 14,061 shares of company stock valued at $8,262,068 in the last three months. 16.74% of the stock is currently owned by corporate insiders.

About easyJet

(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.

Featured Articles

Should You Invest $1,000 in easyJet Right Now?

Before you consider easyJet, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and easyJet wasn't on the list.

While easyJet currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Oil Spikes Amid Rising Warfare: 3 Stocks to Watch Now
Palantir at All-Time Highs: Take Profits or Hold the Line?
3 Tech Stocks Insiders Are Buying: Speculative Plays for June

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines