Ryanair (NASDAQ:RYAAY) Stock Price Down 3.3%

Ryanair Holdings plc (NASDAQ:RYAAY - Get Free Report) was down 3.3% during trading on Friday . The company traded as low as $122.87 and last traded at $123.45. Approximately 186,273 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 544,539 shares. The stock had previously closed at $127.70.

Wall Street Analysts Forecast Growth

RYAAY has been the subject of several analyst reports. Evercore ISI increased their price objective on Ryanair from $145.00 to $155.00 and gave the stock an "in-line" rating in a research note on Thursday, April 4th. Deutsche Bank Aktiengesellschaft lowered Ryanair from a "buy" rating to a "hold" rating in a report on Friday. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $158.50.

Ryanair Trading Down 4.0 %

The stock has a market cap of $27.96 billion, a PE ratio of 13.45, a price-to-earnings-growth ratio of 0.38 and a beta of 1.59. The stock has a 50-day moving average price of $138.04 and a two-hundred day moving average price of $132.17. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.91 and a quick ratio of 1.00.

Institutional Trading of Ryanair

Several institutional investors have recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC raised its stake in Ryanair by 1,523.5% in the third quarter. Cornerstone Planning Group LLC now owns 276 shares of the transportation company's stock worth $27,000 after buying an additional 259 shares in the last quarter. Transcendent Capital Group LLC purchased a new stake in shares of Ryanair during the first quarter valued at $29,000. Bruce G. Allen Investments LLC purchased a new stake in shares of Ryanair during the fourth quarter valued at $31,000. Advisors Preferred LLC purchased a new stake in shares of Ryanair during the fourth quarter valued at $31,000. Finally, GAMMA Investing LLC grew its holdings in shares of Ryanair by 44.9% during the first quarter. GAMMA Investing LLC now owns 242 shares of the transportation company's stock valued at $35,000 after buying an additional 75 shares during the last quarter. Institutional investors own 43.66% of the company's stock.

Ryanair Company Profile

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.