Jet2 plc (LON:JET2 - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 1,101 ($14.41) and last traded at GBX 1,112 ($14.55), with a volume of 2379700 shares trading hands. The stock had previously closed at GBX 1,184 ($15.50).
Analyst Ratings Changes
Several research analysts recently commented on the company. Royal Bank of Canada reissued an "outperform" rating and set a GBX 2,100 ($27.49) target price on shares of Jet2 in a research note on Thursday, February 20th. Canaccord Genuity Group reissued a "buy" rating and set a GBX 2,050 ($26.83) price objective on shares of Jet2 in a research report on Wednesday, March 12th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of GBX 2,077 ($27.19).
Check Out Our Latest Analysis on Jet2
Jet2 Stock Down 0.7 %
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 £2.68 billion, a PE ratio of 6.70, a price-to-earnings-growth ratio of 9.34 and a beta of 2.27. The firm has a fifty day moving average of GBX 1,367.02 and a 200 day moving average of GBX 1,454.54.
Jet2 Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Friday, February 7th. Stockholders of record on Thursday, January 2nd were issued a GBX 4.40 ($0.06) dividend. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a dividend yield of 0.31%. Jet2's payout ratio is currently 8.02%.
About Jet2
(
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Jet2 plc is a leading leisure travel group, specialising in friendly low fares from its award-winning airline, Jet2.com, and package holidays you can trust from the UK's largest package holiday provider, Jet2holidays.
Jet2.com is the UK's third largest airline, flying from 12 UK airports to over 70 destinations across Europe and beyond and Jet2holidays is the UK's largest tour operator.
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