Insider Buying: easyJet plc (LON:EZJ) Insider Acquires 31 Shares of Stock

easyJet plc (LON:EZJ - Get Free Report) insider Kenton Jarvis bought 31 shares of the firm's stock in a transaction that occurred on Tuesday, September 10th. The shares were purchased at an average cost of GBX 487 ($6.37) per share, with a total value of £150.97 ($197.42).

Kenton Jarvis also recently made the following trade(s):

• On Monday, August 12th, Kenton Jarvis purchased 34 shares of easyJet stock. The shares were acquired at an average cost of GBX 438 ($5.73) per share, for a total transaction of £148.92 ($194.74).
• On Wednesday, July 10th, Kenton Jarvis bought 32 shares of easyJet stock. The shares were acquired at an average price of GBX 478 ($6.25) per share, for a total transaction of £152.96 ($200.03).

easyJet Stock Performance

Shares of LON EZJ traded up GBX 1.40 ($0.02) during midday trading on Wednesday, reaching GBX 487.30 ($6.37). The company had a trading volume of 290,158,156 shares, compared to its average volume of 7,737,221. easyJet plc has a 1 year low of GBX 350 ($4.58) and a 1 year high of GBX 591.07 ($7.73). The business's 50-day simple moving average is GBX 457.02 and its 200 day simple moving average is GBX 493.43. The company has a current ratio of 1.03, a quick ratio of 1.09 and a debt-to-equity ratio of 132.04. The stock has a market cap of £3.67 billion, a P/E ratio of 994.49, a P/E/G ratio of 2.31 and a beta of 2.49.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. lowered their price target on easyJet from GBX 670 ($8.76) to GBX 640 ($8.37) and set an "overweight" rating for the company in a report on Wednesday, July 3rd.

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.