Global Crossing Airlines Group (CVE:JET) Stock Price Down 4.9% – Here’s Why

Global Crossing Airlines Group Inc. (CVE:JET) shares traded down 4.9% on Tuesday . The stock traded as low as C$1.36 and last traded at C$1.36. 10,010 shares traded hands during trading, a decline of 11% from the average session volume of 11,289 shares. The stock had previously closed at C$1.43.

Global Crossing Airlines Group Price Performance

The firm has a market cap of C$63.25 million and a PE ratio of -2.57. The company has a debt-to-equity ratio of 105.95, a current ratio of 1.18 and a quick ratio of 1.04. The business’s fifty day moving average is C$1.36 and its 200-day moving average is C$1.36.

About Global Crossing Airlines Group

Global Crossing Airlines Group Inc operates in the airline business. It focuses to fly as an aircraft, crew, maintenance, and insurance (ACMI) and wet lease charter airline serving the United States, the Caribbean, and Latin American markets. The company is based in Miami, Florida.