Global Crossing Airlines Group (OTCMKTS:JETMF) Trading 3.1% Higher – Time to Buy?

Global Crossing Airlines Group Inc. (OTCMKTS:JETMF)’s share price was up 3.1% on Tuesday . The stock traded as high as $0.5209 and last traded at $0.5209. Approximately 9,562 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 58,445 shares. The stock had previously closed at $0.5050.

Global Crossing Airlines Group Price Performance

The stock has a market capitalization of $32.17 million, a price-to-earnings ratio of -16.40 and a beta of 0.67. The business has a fifty day moving average of $0.58 and a 200 day moving average of $0.63.

Global Crossing Airlines Group (OTCMKTS:JETMF) last posted its earnings results on Wednesday, March 4th. The company reported ($0.03) earnings per share (EPS) for the quarter. The business had revenue of $60.30 million during the quarter.

About Global Crossing Airlines Group

Global Crossing Airlines Group (OTCMKTS: JETMF) is an aviation holding company whose principal subsidiary, GlobalX Airlines, provides passenger charter, scheduled and ACMI (aircraft, crew, maintenance and insurance) services. The company operates a fleet of narrow-body aircraft, primarily Airbus A320‐family jets, configured to support leisure and charter markets, air-bridge operations and ad hoc charters.

The company’s main business activities include on-demand charter flights for tour operators, cruise lines and corporate clients, as well as scheduled service linking key U.S.