Jet2 plc (LON:JET2 - Get Free Report) was up 1.2% on Monday . The company traded as high as GBX 1,900 ($26.09) and last traded at GBX 1,845 ($25.34). Approximately 500,465 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 1,035,736 shares. The stock had previously closed at GBX 1,823 ($25.03).
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 2,050 ($28.15) price target on shares of Jet2 in a research note on Wednesday, March 12th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of GBX 2,077 ($28.52).
Get Our Latest Stock Analysis on Jet2
Jet2 Trading Up 1.2%
The company's 50 day simple moving average is GBX 1,740.57 and its two-hundred day simple moving average is GBX 1,534.73. The company has a market cap of £3.94 billion, a PE ratio of 9.87, a price-to-earnings-growth ratio of 9.34 and a beta of 2.27. The company has a debt-to-equity ratio of 103.30, a current ratio of 1.36 and a quick ratio of 1.49.
About Jet2
(
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Jet2 plc is a leading leisure travel group, specialising in friendly low fares from its award-winning airline, Jet2.com, and package holidays you can trust from the UK's largest package holiday provider, Jet2holidays.
Jet2.com is the UK's third largest airline, flying from 12 UK airports to over 70 destinations across Europe and beyond and Jet2holidays is the UK's largest tour operator.
Further Reading
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