Global Crossing Airlines Group (CVE:JET) Shares Down 4.9% – Should You Sell?

Global Crossing Airlines Group Inc. (CVE:JETGet Free Report) was down 4.9% on Wednesday . The company traded as low as C$1.36 and last traded at C$1.36. Approximately 10,010 shares were traded during trading, a decline of 11% from the average daily volume of 11,289 shares. The stock had previously closed at C$1.43.

Global Crossing Airlines Group Stock Down 4.9 %

The firm has a fifty day simple moving average of C$1.36 and a 200-day simple moving average of C$1.36. The company has a market capitalization of C$63.25 million and a PE ratio of -2.57. The company has a debt-to-equity ratio of 105.95, a quick ratio of 1.04 and a current ratio of 1.18.

About Global Crossing Airlines Group

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Global Crossing Airlines Group Inc operates in the airline business. It focuses to fly as an aircraft, crew, maintenance, and insurance (ACMI) and wet lease charter airline serving the United States, the Caribbean, and Latin American markets. The company is based in Miami, Florida.

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