easyJet plc (LON:EZJ) insider Stephen Hester purchased 73,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 28th. The shares were acquired at an average price of GBX 690 ($9.01) per share, for a total transaction of £503,700 ($658,087.27).
EZJ traded down GBX 19.38 ($0.25) during trading on Tuesday, hitting GBX 690.02 ($9.02). The company’s stock had a trading volume of 7,044,840 shares, compared to its average volume of 3,750,975. easyJet plc has a twelve month low of GBX 457.80 ($5.98) and a twelve month high of GBX 1,095 ($14.31). The firm has a market capitalization of £3.15 billion and a P/E ratio of -2.29. The stock’s fifty day moving average price is GBX 773.62 and its 200-day moving average price is GBX 1,593.93. The company has a quick ratio of 1.06, a current ratio of 1.12 and a debt-to-equity ratio of 274.97.
EZJ has been the topic of a number of analyst reports. Credit Suisse Group set a GBX 1,200 ($15.68) target price on shares of easyJet in a research report on Tuesday, August 31st. Barclays reduced their target price on shares of easyJet from GBX 940 ($12.28) to GBX 685 ($8.95) and set an “equal weight” rating for the company in a research note on Friday, September 10th. Sanford C. Bernstein set a GBX 800 ($10.45) target price on easyJet in a research note on Wednesday, September 15th. Kepler Capital Markets restated a “sell” rating and issued a GBX 719 ($9.39) target price on shares of easyJet in a research note on Monday, June 21st. Finally, Peel Hunt restated a “buy” rating and set a GBX 900 ($11.76) target price on shares of easyJet in a research note on Thursday, August 5th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, easyJet currently has a consensus rating of “Hold” and a consensus target price of GBX 848.83 ($11.09).
easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. It also engages in the trading and leasing of aircrafts, as well as in tour operations; develops building projects; and provides financing services. As of September 30, 2020, the company operated 981 routes and a fleet of 342 aircrafts.
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