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

Global Crossing Airlines Group Inc. (CVE:JET – Get Free Report) shares dropped 4.9% during trading on Wednesday. The company traded as low as C$1.36 and last traded at C$1.36. 10,010 shares changed hands during mid-day trading, a decline of 11% from the average daily volume of 11,289 shares. The stock had previously closed at C$1.43.

Global Crossing Airlines Group Trading Down 4.9%

The company has a current ratio of 1.18, a quick ratio of 1.03 and a debt-to-equity ratio of 105.95. The company has a market cap of C$63.25 million and a PE ratio of -2.57. The stock has a 50 day moving average price of C$1.36 and a 200 day moving average price of C$1.36.

Global Crossing Airlines Group Company Profile

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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.

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