Jet2 (OTCMKTS:DRTGF) Trading 11.2% Higher – Here’s What Happened

Jet2 plc (OTCMKTS:DRTGF) was up 11.2% on Friday . The company traded as high as $20.22 and last traded at $20.22. Approximately 2,763 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 6,515 shares. The stock had previously closed at $18.18.

Wall Street Analyst Weigh In

DRTGF has been the subject of several recent research reports. Royal Bank Of Canada reissued an “outperform” rating on shares of Jet2 in a research report on Thursday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Jet2 in a research note on Thursday. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Jet2 has an average rating of “Moderate Buy”.

Jet2 Trading Up 11.2%

The firm’s fifty day moving average is $16.63 and its 200-day moving average is $16.66.

About Jet2

Jet2 plc, trading on the OTC Markets under the symbol DRTGF, is a UK-based leisure airline and holiday provider. Through its subsidiaries Jet2.com and Jet2holidays, the company operates scheduled low-cost flights and packages to popular holiday destinations across Europe. The group serves leisure travelers primarily from the United Kingdom, offering one-way and return flights alongside tailored package deals that combine flights, accommodation, transfers, and additional services.

The core of Jet2’s operations is its scheduled passenger airline, Jet2.com, which flies from more than a dozen UK airports including Birmingham, Manchester and London Stansted.