easyJet (LON:EZJ) Share Price Crosses Above Two Hundred Day Moving Average of $491.43

Shares of easyJet plc (LON:EZJ - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 491.43 ($6.49) and traded as high as GBX 518.18 ($6.85). easyJet shares last traded at GBX 511.80 ($6.76), with a volume of 2,497,285 shares.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. cut their price target on easyJet from GBX 670 ($8.85) to GBX 640 ($8.45) and set an "overweight" rating on the stock in a report on Wednesday, July 3rd.

easyJet Stock Up 3.1 %

The stock's fifty day moving average price is GBX 460.70 and its 200-day moving average price is GBX 491.57. The company has a quick ratio of 1.09, a current ratio of 1.03 and a debt-to-equity ratio of 132.04. The company has a market capitalization of £3.97 billion, a price-to-earnings ratio of 1,069.39, a P/E/G ratio of 2.31 and a beta of 2.49.

easyJet Company Profile

easyJet plc operates as a low-cost airline carrier in Europe. The company engages in the provision of holiday packages; aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.