easyJet (LON:EZJ) Reaches New 52-Week Low - Should You Sell?

easyJet plc (LON:EZJ - Get Free Report)'s stock price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 401.05 ($5.25) and last traded at GBX 406.70 ($5.32), with a volume of 83057641 shares changing hands. The stock had previously closed at GBX 432.12 ($5.66).

easyJet Price Performance

The company has a market capitalization of £3.42 billion, a price-to-earnings ratio of 9.14, a P/E/G ratio of 0.59 and a beta of 2.49. The firm has a 50-day simple moving average of GBX 484.33 and a two-hundred day simple moving average of GBX 513.73. The company has a current ratio of 1.02, a quick ratio of 1.09 and a debt-to-equity ratio of 110.33.

easyJet Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 21st. Investors of record on Thursday, February 20th were issued a dividend of GBX 12.10 ($0.16) per share. This represents a yield of 2.24%. This is a positive change from easyJet's previous dividend of $4.50. The ex-dividend date was Thursday, February 20th. easyJet's dividend payout ratio (DPR) is 10.09%.

Insider Buying and Selling at easyJet

In other news, insider Julie Chakraverty purchased 20,083 shares of the company's stock in a transaction that occurred on Monday, February 3rd. The shares were bought at an average price of GBX 498 ($6.52) per share, for a total transaction of £100,013.34 ($130,907.51). Over the last ninety days, insiders purchased 20,174 shares of company stock valued at $10,046,458. 16.74% of the stock is owned by company insiders.

About easyJet

We are a low-cost, European, point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to provide simple, convenient travel and holidays at a competitive price with outstanding customer service.