easyJet (LON:EZJ) Share Price Passes Above 200 Day Moving Average - Should You Sell?

easyJet plc (LON:EZJ - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 512.54 ($6.85) and traded as high as GBX 549.40 ($7.34). easyJet shares last traded at GBX 546.60 ($7.30), with a volume of 4,890,775 shares.

easyJet Trading Up 1.2%

The company has a market cap of £4.28 billion, a P/E ratio of 11.43, a PEG ratio of 0.59 and a beta of 2.49. The firm's 50 day moving average is GBX 485.61 and its two-hundred day moving average is GBX 513.21. 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 company also recently declared 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. The ex-dividend date was Thursday, February 20th. This represents a yield of 2.24%. easyJet's dividend payout ratio (DPR) is presently 10.09%.

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.