Insider Buying: easyJet plc (LON:EZJ) Insider Buys 30 Shares of Stock

easyJet plc (LON:EZJ - Get Free Report) insider Kenton Jarvis purchased 30 shares of the firm's stock in a transaction that occurred on Thursday, October 10th. The stock was bought at an average cost of GBX 491 ($6.43) per share, with a total value of £147.30 ($192.78).

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

• On Tuesday, September 10th, Kenton Jarvis purchased 31 shares of easyJet stock. The shares were purchased at an average price of GBX 487 ($6.37) per share, for a total transaction of £150.97 ($197.58).
• On Monday, August 12th, Kenton Jarvis acquired 34 shares of easyJet stock. The stock was purchased at an average price of GBX 438 ($5.73) per share, with a total value of £148.92 ($194.90).

easyJet Stock Down 0.2 %

EZJ stock traded down GBX 1.10 ($0.01) on Friday, reaching GBX 495.60 ($6.49). 2,393,880 shares of the company traded hands, compared to its average volume of 5,913,085. The firm has a fifty day simple moving average of GBX 473.99 and a 200-day simple moving average of GBX 488.12. The company has a market cap of £3.73 billion, a P/E ratio of 1,010.87, a price-to-earnings-growth ratio of 2.31 and a beta of 2.49. easyJet plc has a one year low of GBX 350 ($4.58) and a one year high of GBX 591.07 ($7.74). The company has a debt-to-equity ratio of 132.04, a current ratio of 1.03 and a quick ratio of 1.09.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reduced their target price on shares of easyJet from GBX 670 ($8.77) to GBX 640 ($8.38) and set an "overweight" rating on the stock in a research report on Wednesday, July 3rd.

About easyJet

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.