easyJet plc (LON:EZJ) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1,037.33 and traded as high as $1,340.50. easyJet shares last traded at $1,303.50, with a volume of 1,657,619 shares.
A number of research firms recently weighed in on EZJ. Bank of America set a GBX 1,200 ($15.68) price objective on shares of easyJet and gave the company a “neutral” rating in a research report on Tuesday, October 1st. Kepler Capital Markets set a GBX 820 ($10.71) price objective on shares of easyJet and gave the company a “sell” rating in a research report on Wednesday, September 4th. Liberum Capital reiterated a “hold” rating on shares of easyJet in a research report on Tuesday, September 24th. Barclays reiterated an “underweight” rating and issued a GBX 1,100 ($14.37) price objective on shares of easyJet in a research report on Wednesday, October 9th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a GBX 1,000 ($13.07) price objective on shares of easyJet in a research report on Wednesday, October 9th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the company’s stock. easyJet currently has an average rating of “Hold” and an average target price of GBX 1,201 ($15.69).
The company has a quick ratio of 0.50, a current ratio of 0.60 and a debt-to-equity ratio of 58.86. The business has a fifty day simple moving average of GBX 1,194.93 and a 200 day simple moving average of GBX 1,037.75. The company has a market cap of $5.18 billion and a price-to-earnings ratio of 26.66.
easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2018, the company operated 979 routes and a fleet of 315 aircraft. It also engages in the trading and leasing of aircraft; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.
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