Jet2 (LON:JET2) Hits New 1-Year High - Still a Buy?

Jet2 plc (LON:JET2 - Get Free Report)'s stock price hit a new 52-week high on Monday . The company traded as high as GBX 1,600 ($20.16) and last traded at GBX 1,545.50 ($19.48), with a volume of 137118 shares traded. The stock had previously closed at GBX 1,536 ($19.36).

Jet2 Price Performance

The company has a quick ratio of 1.49, a current ratio of 1.36 and a debt-to-equity ratio of 103.30. The stock has a market cap of £3.22 billion, a P/E ratio of 905.29, a price-to-earnings-growth ratio of 9.34 and a beta of 2.27. The business's 50-day simple moving average is GBX 1,439.28 and its two-hundred day simple moving average is GBX 1,386.57.

Insiders Place Their Bets

In other news, insider Rachel Kentleton bought 1,801 shares of the stock in a transaction on Thursday, September 12th. The shares were acquired at an average cost of GBX 1,403 ($17.68) per share, for a total transaction of £25,268.03 ($31,843.77). Also, insider Angela Luger bought 900 shares of the stock in a transaction on Wednesday, October 9th. The stock was purchased at an average price of GBX 1,395 ($17.58) per share, for a total transaction of £12,555 ($15,822.31). Company insiders own 20.92% of the company's stock.

Jet2 Company Profile

Jet2 plc, together with its subsidiaries, engages in the leisure travel business primarily in the United Kingdom. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in the package holiday and non-ticket retail activities, as well as passenger and charter aircraft operations.