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

easyJet plc (LON:EZJ - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 501.87 ($6.26) and traded as high as GBX 538 ($6.71). easyJet shares last traded at GBX 537.80 ($6.71), with a volume of 3,131,057 shares.

easyJet Trading Down 2.8 %

The company has a debt-to-equity ratio of 132.04, a quick ratio of 1.09 and a current ratio of 1.03. The stock has a market capitalization of £3.94 billion, a PE ratio of 1,066.53, a price-to-earnings-growth ratio of 0.59 and a beta of 2.49. The business's 50-day moving average is GBX 549.99 and its two-hundred day moving average is GBX 501.87.

easyJet Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 21st. Stockholders 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. The ex-dividend date is Thursday, February 20th. This represents a dividend yield of 2.24%. easyJet's payout ratio is presently 1,020.41%.

Insider Transactions at easyJet

In related news, insider Kenton Jarvis sold 34,540 shares of the firm's stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of GBX 568 ($7.09), for a total value of £196,187.20 ($244,744.51). Also, insider David Robbie bought 7,404 shares of the firm's stock in a transaction on Wednesday, November 27th. The shares were purchased at an average price of GBX 550 ($6.86) per share, for a total transaction of £40,722 ($50,800.90). Insiders have bought a total of 7,488 shares of company stock worth $4,117,188 over the last ninety days. 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.