fastjet Plc (FJET.L) (LON:FJET) Shares Cross Above 50 Day Moving Average – Should You Sell?

fastjet Plc (FJET.L) (LON:FJET) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 0.03 ($0.00) and traded as high as GBX 0.04 ($0.00). fastjet Plc (FJET.L) shares last traded at GBX 0.03 ($0.00), with a volume of 55,603,590 shares changing hands.

fastjet Plc (FJET.L) Stock Performance

The company has a debt-to-equity ratio of 81.90, a quick ratio of 0.47 and a current ratio of 0.48. The company has a market cap of £1.14 million and a price-to-earnings ratio of -0.01. The company’s fifty day moving average is GBX 0.03 and its two-hundred day moving average is GBX 0.03.

About fastjet Plc (FJET.L)

fastjet Plc provides passenger airline services in Africa. The company was formerly known as Rubicon Diversified Investments Plc and changed its name to fastjet Plc in August 2012. fastjet Plc was incorporated in 2006 and is headquartered in London, the United Kingdom.