easyJet plc (OTCMKTS:ESYJY – Get Free Report) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 820 shares, an increase of 172.4% from the August 31st total of 301 shares. Based on an average trading volume of 16,512 shares, the days-to-cover ratio is presently 0.0 days.
easyJet Stock Performance
Shares of ESYJY stock remained flat at $8.93 during trading hours on Monday. 4,151 shares of the stock traded hands, compared to its average volume of 22,780. easyJet has a twelve month low of $4.57 and a twelve month high of $9.25. The firm has a 50 day moving average price of $8.86 and a 200-day moving average price of $6.97.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on ESYJY. UBS Group downgraded easyJet to a “neutral” rating in a report on Tuesday, June 30th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of easyJet in a research report on Monday, August 24th. Citigroup reiterated a “neutral” rating on shares of easyJet in a research note on Monday, July 13th. Barclays reissued an “overweight” rating on shares of easyJet in a research report on Monday, June 15th. Finally, Morgan Stanley restated an “underweight” rating on shares of easyJet in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce”.
easyJet Company Profile
easyJet plc is a British low-cost airline group headquartered at London Luton Airport. The company operates scheduled passenger flights under the easyJet brand, connecting airports across the United Kingdom and Europe with destinations in the Mediterranean, North Africa and the Middle East. Its services emphasize affordable fares, point-to-point routes and a range of optional travel services.
Founded in 1995 by entrepreneur Sir Stelios Haji-Ioannou, easyJet began operations with flights from London Luton to Glasgow and Edinburgh.
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