Ryanair Holdings PLC (RYAAY) Shares Gap Up to $69.44
Ryanair Holdings PLC (NASDAQ:RYAAY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $68.72, but opened at $69.44. Ryanair Holdings PLC shares last traded at $71.08, with a volume of 286,711 shares changing hands.
Several research firms recently weighed in on RYAAY. Beaufort Securities restated a “buy” rating on shares of Ryanair Holdings PLC in a research report on Wednesday, May 25th. Zacks Investment Research raised shares of Ryanair Holdings PLC from a “hold” rating to a “strong-buy” rating and set a $95.00 price objective on the stock in a report on Saturday, April 16th. Macquarie raised shares of Ryanair Holdings PLC from an “underperform” rating to a “neutral” rating in a report on Tuesday, July 5th. Finally, Evercore ISI downgraded shares of Ryanair Holdings PLC from a “buy” rating to a “hold” rating and set a $90.00 price objective on the stock. in a report on Monday, June 27th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $92.00.
The company has a market cap of $17.75 billion and a price-to-earnings ratio of 10.95. The firm’s 50 day moving average price is $72.82 and its 200 day moving average price is $79.93.
A number of large investors have added to or reduced their stakes in RYAAY. Gluskin Sheff & Assoc Inc. increased its stake in Ryanair Holdings PLC by 64.0% in the fourth quarter. Gluskin Sheff & Assoc Inc. now owns 1,206,588 shares of the company’s stock valued at $104,322,000 after buying an additional 471,028 shares during the last quarter. WBI Investments Inc. purchased a new stake in Ryanair Holdings PLC during the fourth quarter worth about $18,135,000. Marshall Wace LLP increased its stake in Ryanair Holdings PLC by 0.9% in the fourth quarter. Marshall Wace LLP now owns 319,903 shares of the company’s stock worth $27,659,000 after buying an additional 2,765 shares in the last quarter. Whitebox Advisors LLC increased its stake in Ryanair Holdings PLC by 33.8% in the fourth quarter. Whitebox Advisors LLC now owns 227,921 shares of the company’s stock worth $19,706,000 after buying an additional 57,539 shares in the last quarter. Finally, Carleon Capital Partners LLC purchased a new stake in Ryanair Holdings PLC during the fourth quarter worth about $16,226,000.
Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates a low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe and Morocco. The Company’s principal fleet consists of Boeing 737-800 aircraft, each having 189 seats.
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