Fastjet (FJET) Shares Down 15.8%

Fastjet PLC (LON:FJET) fell 15.8% on Tuesday . The company traded as low as GBX 1.20 ($0.02) and last traded at GBX 1.20 ($0.02). 275,800 shares traded hands during trading, an increase of 842% from the average session volume of 29,291 shares. The stock had previously closed at GBX 1.43 ($0.02).

The stock has a market capitalization of $45.35 million and a price-to-earnings ratio of -0.24. The company has a debt-to-equity ratio of 1,638.70, a current ratio of 1.12 and a quick ratio of 1.12.

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Fastjet Company Profile (LON:FJET)

fastjet Plc provides passenger airline services in Africa. The company was formerly known as Rubicon Diversified Investments Plc and changed its name to fastjet Plc in August 2012. fastjet Plc was incorporated in 2006 and is headquartered in London, the United Kingdom.

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