easyJet (LON:EZJ) Shares Cross Above Two Hundred Day Moving Average - What's Next?

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 ($6.34). easyJet shares last traded at GBX 506.40 ($6.24), with a volume of 3,930,552 shares trading hands.

easyJet Stock Performance

The company has a quick ratio of 1.09, a current ratio of 1.03 and a debt-to-equity ratio of 132.04. The stock has a market cap of £3.85 billion, a price-to-earnings ratio of 1,043.27, a PEG ratio of 0.59 and a beta of 2.49. The stock's fifty day moving average is GBX 545.71 and its 200-day moving average is GBX 505.08.

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

easyJet Increases Dividend

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

Insider Activity

In other easyJet news, insider David Robbie purchased 7,404 shares of the stock in a transaction on Wednesday, November 27th. The shares were purchased at an average cost of GBX 550 ($6.78) per share, for a total transaction of £40,722 ($50,212.08). Also, insider Kenton Jarvis sold 34,540 shares of the stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of GBX 568 ($7.00), for a total transaction of £196,187.20 ($241,907.77). Insiders purchased 7,487 shares of company stock worth $4,117,190 over the last quarter. 16.74% of the stock is currently owned by company insiders.

easyJet Company Profile

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.