Jet2 (LON:JET2) Trading 0.8% Higher

Shares of Jet2 plc (LON:JET2) were up 0.8% during trading on Thursday . The stock traded as high as GBX 1,323 ($16.78) and last traded at GBX 1,307 ($16.58). Approximately 235,482 shares traded hands during mid-day trading, a decline of 51% from the average daily volume of 483,113 shares. The stock had previously closed at GBX 1,296 ($16.44).

Wall Street Analyst Weigh In

Several research analysts have issued reports on JET2 shares. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 1,950 ($24.74) target price on shares of Jet2 in a report on Friday, April 12th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 1,900 ($24.10) price objective on shares of Jet2 in a research report on Wednesday, April 24th.

Jet2 Stock Performance

The firm’s fifty day moving average price is GBX 1,349.80 and its two-hundred day moving average price is GBX 1,351.90. The stock has a market capitalization of £2.81 billion, a PE ratio of 718.13, a price-to-earnings-growth ratio of 9.34 and a beta of 2.23. The company has a current ratio of 1.62, a quick ratio of 1.49 and a debt-to-equity ratio of 87.09.

Jet2 Company Profile

Jet2 plc, together with its subsidiaries, engages in the leisure travel business primarily in the United Kingdom. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in the package holiday and non-ticket retail activities, as well as passenger and charter aircraft operations.