Global Crossing Airlines Group (CVE:JET) Shares Down 4.9% – What’s Next?

Global Crossing Airlines Group Inc. (CVE:JETGet Free Report) shares were down 4.9% during trading on Tuesday . The stock traded as low as C$1.36 and last traded at C$1.36. Approximately 10,010 shares traded 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 Stock Down 4.9%

The company has a current ratio of 1.18, a quick ratio of 1.04 and a debt-to-equity ratio of 105.95. The stock has a 50-day simple moving average of C$1.36 and a 200-day simple moving average of C$1.36. The company has a market cap of C$63.25 million and a price-to-earnings ratio of -2.57.

About Global Crossing Airlines Group

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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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