Free Trial

Jet2 (LON:JET2) Trading Up 9.3% - What's Next?

Jet2 logo with Consumer Cyclical background

Jet2 plc (LON:JET2 - Get Free Report)'s stock price shot up 9.3% on Thursday . The stock traded as high as GBX 1,588 ($20.09) and last traded at GBX 1,550 ($19.61). 1,758,040 shares traded hands during trading, an increase of 209% from the average session volume of 569,103 shares. The stock had previously closed at GBX 1,418 ($17.94).

Jet2 Price Performance

The company has a current ratio of 1.36, a quick ratio of 1.49 and a debt-to-equity ratio of 103.30. The stock has a 50-day simple moving average of GBX 1,440.22 and a 200 day simple moving average of GBX 1,387.35. The stock has a market capitalization of £3.24 billion, a price-to-earnings ratio of 885.15, a price-to-earnings-growth ratio of 9.34 and a beta of 2.27.

Insider Buying and Selling at Jet2

In other Jet2 news, insider Rachel Kentleton bought 1,801 shares of the firm's stock in a transaction on Thursday, September 12th. The stock was bought at an average cost of GBX 1,403 ($17.75) per share, with a total value of £25,268.03 ($31,972.71). Also, insider Angela Luger purchased 900 shares of the company's stock in a transaction dated Wednesday, October 9th. The shares were acquired at an average price of GBX 1,395 ($17.65) per share, for a total transaction of £12,555 ($15,886.37). Company insiders own 20.92% of the company's stock.

About Jet2

(Get Free Report)

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.

See Also

→ Trump won. Buy this coin now. (From Weiss Ratings) (Ad)

Should you invest $1,000 in Jet2 right now?

Before you consider Jet2, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jet2 wasn't on the list.

While Jet2 currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?
Rocket Lab Stock Explodes Higher—What’s Next for This Space Pioneer?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines