easyJet plc (LON:EZJ - Get Free Report)'s share price reached a new 52-week high on Monday . The stock traded as high as GBX 583.40 ($7.38) and last traded at GBX 582.40 ($7.37), with a volume of 3369074 shares traded. The stock had previously closed at GBX 556.80 ($7.05).
Wall Street Analyst Weigh In
Several research firms recently issued reports on EZJ. Barclays reaffirmed an "overweight" rating and issued a GBX 700 ($8.86) price objective on shares of easyJet in a research report on Tuesday, February 6th. JPMorgan Chase & Co. lowered their price target on easyJet from GBX 690 ($8.73) to GBX 680 ($8.61) and set an "overweight" rating on the stock in a report on Tuesday, February 27th. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of GBX 611 ($7.73).
View Our Latest Report on easyJet
easyJet Trading Up 3.3 %
The company has a quick ratio of 1.09, a current ratio of 1.00 and a debt-to-equity ratio of 104.20. The stock has a fifty day simple moving average of GBX 553.75 and a 200 day simple moving average of GBX 486.65. The firm has a market capitalization of £4.35 billion, a P/E ratio of 1,343.72, a PEG ratio of 2.31 and a beta of 2.58.
easyJet Cuts Dividend
The firm also recently declared a dividend, which was paid on Friday, March 22nd. Shareholders of record on Thursday, February 22nd were issued a dividend of GBX 4.50 ($0.06) per share. The ex-dividend date was Thursday, February 22nd. This represents a yield of 0.9%. easyJet's dividend payout ratio is presently 1,162.79%.
About easyJet
(
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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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