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easyJet (LON:EZJ) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

easyJet logo with Industrials background

Shares of easyJet plc (LON:EZJ - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 505.08 ($6.23) and traded as high as GBX 513.82 ($6.33). easyJet shares last traded at GBX 506.40 ($6.24), with a volume of 3,930,552 shares trading hands.

easyJet Stock Down 5.2 %

The stock has a 50-day moving average price of GBX 545.51 and a 200-day moving average price of GBX 505.45. The company has a market capitalization of £3.65 billion, a P/E ratio of 989.39, a P/E/G ratio of 0.59 and a beta of 2.49. The company has a debt-to-equity ratio of 132.04, a current ratio of 1.03 and a quick ratio of 1.09.

easyJet (LON:EZJ - Get Free Report) last posted its quarterly earnings data on Wednesday, November 27th. The company reported GBX 61.30 ($0.76) earnings per share for the quarter. easyJet had a net margin of 4.27% and a return on equity of 17.26%. On average, research analysts predict that easyJet plc will post 67.3369565 EPS for the current fiscal year.

easyJet Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, February 20th will be issued a GBX 12.10 ($0.15) dividend. This is an increase from easyJet's previous dividend of $4.50. This represents a yield of 2.24%. The ex-dividend date of this dividend is Thursday, February 20th. easyJet's payout ratio is presently 1,020.41%.

Insiders Place Their Bets

In other news, insider David Robbie acquired 7,404 shares of the firm's stock in a transaction dated Wednesday, November 27th. The stock was purchased at an average price of GBX 550 ($6.78) per share, for a total transaction of £40,722 ($50,205.89). Also, insider Kenton Jarvis sold 34,540 shares of easyJet stock in a transaction on Thursday, December 19th. The shares were sold at an average price of GBX 568 ($7.00), for a total transaction of £196,187.20 ($241,877.94). In the last three months, insiders have acquired 7,487 shares of company stock worth $4,117,190. Corporate insiders own 16.74% of the company's stock.

About easyJet

(Get Free Report)

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, seamlessly connecting Europe with the warmest welcome in the sky. easyJet is one of the largest airlines in the world, with 343 aircraft, operating 1,045 routes across 35 countries and 158 airports.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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