easyjet (OTCMKTS:EJTTF) Shares Gap Down - What's Next?

Key Points

• easyJet shares gapped down from $6.68 to $6.00 before the market opened, with the last recorded trading price also at $6.00.
• Royal Bank of Canada upgraded easyJet's rating from "hold" to "moderate buy" in a research report issued recently.
• The company's 50-day moving average is $6.72 and its 200-day moving average is $6.78, indicating a potential downward trend.

easyjet PLC (OTCMKTS:EJTTF - Get Free Report)'s share price gapped down before the market opened on Wednesday . The stock had previously closed at $6.68, but opened at $6.00. easyjet shares last traded at $6.00, with a volume of 630 shares traded.

Analyst Ratings Changes

Separately, Royal Bank Of Canada upgraded easyjet from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, June 3rd.

easyjet Trading Down 10.2%

The firm has a 50-day moving average of $6.72 and a 200 day moving average of $6.78.

easyjet Company Profile

easyJet plc operates as a low-cost airline carrier in Europe. The company engages in the provision of holiday packages; aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.

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