easyJet (LON:EZJ) Shares Cross Above Two Hundred Day Moving Average - Should You Sell?

easyJet plc (LON:EZJ - Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 486.80 ($6.36) and traded as high as GBX 525.29 ($6.86). easyJet shares last traded at GBX 520.60 ($6.80), with a volume of 2,270,905 shares trading hands.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. lowered their price target on easyJet from GBX 670 ($8.75) to GBX 640 ($8.36) and set an "overweight" rating on the stock in a report on Wednesday, July 3rd.

easyJet Trading Down 0.8 %

The business has a fifty day moving average of GBX 484.80 and a 200-day moving average of GBX 486.21. The stock has a market capitalization of £3.92 billion, a price-to-earnings ratio of 1,062.45, a price-to-earnings-growth ratio of 0.59 and a beta of 2.49. The company has a debt-to-equity ratio of 132.04, a current ratio of 1.03 and a quick ratio of 1.09.

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.