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easyjet (OTCMKTS:EJTTF) Stock Price Down 4% - What's Next?

easyjet logo with Transportation background

Key Points

  • easyJet's stock fell 4% during trading on Tuesday, reaching a low of $6.55, with a significant trading volume increase of 1,823% compared to its average.
  • Royal Bank of Canada has upgraded easyJet's shares from a "hold" rating to a "moderate buy" rating, indicating a positive outlook for the company.
  • The company's 50-day moving average is $7.23, while the 200-day moving average stands at $6.73, suggesting a potential trend in stock performance.
  • Want stock alerts on easyjet? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

easyjet PLC (OTCMKTS:EJTTF - Get Free Report) fell 4% during mid-day trading on Tuesday . The stock traded as low as $6.55 and last traded at $6.55. 1,000 shares were traded during mid-day trading, an increase of 1,823% from the average session volume of 52 shares. The stock had previously closed at $6.82.

Analysts Set New Price Targets

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

Read Our Latest Stock Report on EJTTF

easyjet Price Performance

The company's 50 day moving average price is $7.19 and its 200-day moving average price is $6.73.

easyjet Company Profile

(Get Free Report)

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.

See Also

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