fastjet Plc (FJET.L) (LON:FJET) Shares Pass Above 50-Day Moving Average – What’s Next?

fastjet Plc (FJET.L) (LON:FJET) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 0.03 ($0.00) and traded as high as GBX 0.04 ($0.00). fastjet Plc (FJET.L) shares last traded at GBX 0.03 ($0.00), with a volume of 55,603,590 shares.

fastjet Plc (FJET.L) Price Performance

The company has a quick ratio of 0.47, a current ratio of 0.48 and a debt-to-equity ratio of 81.90. The business has a 50-day simple moving average of GBX 0.03 and a 200-day simple moving average of GBX 0.03. The company has a market cap of £1.14 million and a PE ratio of -0.01.

About fastjet Plc (FJET.L)

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.