Jet2 (LON:JET2) Sets New 12-Month High – Here’s What Happened

Shares of Jet2 plc (LON:JET2) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 1,600 ($20.30) and last traded at GBX 1,545.50 ($19.61), with a volume of 137118 shares traded. The stock had previously closed at GBX 1,536 ($19.49).

Jet2 Price Performance

The company’s 50 day simple moving average is GBX 1,439.82 and its 200 day simple moving average is GBX 1,387.21. The company has a current ratio of 1.36, a quick ratio of 1.49 and a debt-to-equity ratio of 103.30. The stock has a market capitalization of £3.12 billion, a PE ratio of 851.76, a PEG ratio of 9.34 and a beta of 2.27.

Insider Activity

In related news, insider Angela Luger bought 900 shares of the firm’s stock in a transaction that occurred on Wednesday, October 9th. The shares were acquired at an average cost of GBX 1,395 ($17.70) per share, with a total value of £12,555 ($15,932.74). Also, insider Rachel Kentleton bought 1,801 shares of the stock in a transaction that occurred on Thursday, September 12th. The stock was bought at an average price of GBX 1,403 ($17.80) per share, with a total value of £25,268.03 ($32,066.03). Company insiders own 20.92% of the company’s stock.

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.