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easyJet (LON:EZJ) Stock Crosses Above 200-Day Moving Average - Time to Sell?

easyJet logo with Industrials background

Shares of easyJet plc (LON:EZJ - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 511.74 ($6.44) and traded as high as GBX 526.80 ($6.63). easyJet shares last traded at GBX 517.60 ($6.51), with a volume of 3,066,384 shares.

easyJet Stock Performance

The firm's fifty day moving average price is GBX 529.79 and its 200 day moving average price is GBX 512.22. The company has a current ratio of 1.02, a quick ratio of 1.09 and a debt-to-equity ratio of 110.33. The stock has a market capitalization of £3.70 billion, a price-to-earnings ratio of 9.88, a price-to-earnings-growth 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) EPS for the quarter. easyJet had a net margin of 4.27% and a return on equity of 13.89%. Analysts forecast 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 dividend of GBX 12.10 ($0.15) per share. The ex-dividend date is Thursday, February 20th. This is a positive change from easyJet's previous dividend of $4.50. This represents a yield of 2.24%. easyJet's dividend payout ratio is 10.09%.

Insiders Place Their Bets

In other news, insider Julie Chakraverty acquired 20,083 shares of the company's stock in a transaction on Monday, February 3rd. The shares were bought at an average cost of GBX 498 ($6.27) per share, with a total value of £100,013.34 ($125,850.43). Also, insider Kenton Jarvis sold 34,540 shares of the stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of GBX 568 ($7.15), for a total transaction of £196,187.20 ($246,869.51). Insiders have acquired a total of 27,571 shares of company stock worth $14,118,574 in the last ninety days. 16.74% of the stock is owned by corporate insiders.

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.

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