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

Shares of easyJet plc (LON:EZJ - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 511.74 ($6.47) and traded as high as GBX 526.80 ($6.66). easyJet shares last traded at GBX 517.60 ($6.54), with a volume of 3,066,384 shares.

easyJet Stock Up 0.6 %

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 526.04 and a 200-day simple moving average of GBX 511.93. The firm has a market cap of £3.72 billion, a price-to-earnings ratio of 9.94, a P/E/G ratio of 0.59 and a beta of 2.49.

easyJet (LON:EZJ - Get Free Report) last issued its quarterly earnings data on Wednesday, November 27th. The company reported GBX 61.30 ($0.77) earnings per share for the quarter. easyJet had a net margin of 4.27% and a return on equity of 13.89%. As a group, sell-side analysts expect that easyJet plc will post 67.3369565 EPS for the current year.

easyJet Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, February 20th will be issued a dividend of GBX 12.10 ($0.15) per share. This is a boost 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 presently 10.09%.

Insider Activity at easyJet

In other easyJet news, insider Kenton Jarvis sold 34,540 shares of the business's stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of GBX 568 ($7.18), for a total value of £196,187.20 ($247,867.59). Also, insider David Robbie bought 7,404 shares of the stock in a transaction dated Wednesday, November 27th. The shares were acquired at an average cost of GBX 550 ($6.95) per share, for a total transaction of £40,722 ($51,449.15). Insiders bought 27,571 shares of company stock worth $14,118,574 in the last ninety days. 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, 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.