easyJet (LON:EZJ) Hits New 1-Year Low - Should You Sell?

Shares of easyJet plc (LON:EZJ - Get Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as GBX 399.90 ($5.17) and last traded at GBX 470.14 ($6.07), with a volume of 14882505 shares. The stock had previously closed at GBX 473.20 ($6.11).

easyJet Price Performance

The company has a debt-to-equity ratio of 110.33, a quick ratio of 1.09 and a current ratio of 1.02. The firm has a fifty day simple moving average of GBX 496.93 and a 200 day simple moving average of GBX 518.96. The company has a market capitalization of £3.42 billion, a PE ratio of 9.13, a P/E/G ratio of 0.59 and a beta of 2.49.

easyJet Increases Dividend

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

Insider Activity at easyJet

In other easyJet news, insider Julie Chakraverty acquired 20,083 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The shares were purchased at an average cost of GBX 498 ($6.43) per share, for a total transaction of £100,013.34 ($129,216.20). Over the last ninety days, insiders purchased 20,170 shares of company stock worth $10,045,878. 16.74% of the stock is owned by corporate 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.