easyJet plc (OTCMKTS:ESYJY – Get Free Report) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 30,055 shares, a drop of 65.1% from the May 31st total of 86,049 shares. Based on an average daily trading volume, of 92,841 shares, the days-to-cover ratio is currently 0.3 days.
easyJet Stock Performance
Shares of easyJet stock opened at $7.75 on Monday. easyJet has a 1-year low of $4.57 and a 1-year high of $7.75. The business has a 50-day moving average of $5.72 and a 200-day moving average of $5.98.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on ESYJY shares. Barclays reissued an “overweight” rating on shares of easyJet in a research note on Monday, June 15th. Deutsche Bank Aktiengesellschaft raised shares of easyJet from a “sell” rating to a “hold” rating in a research note on Wednesday, June 10th. Morgan Stanley restated an “underweight” rating on shares of easyJet in a report on Wednesday. Sanford C. Bernstein lowered shares of easyJet from an “outperform” rating to a “market perform” rating in a report on Monday, April 13th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of easyJet in a research report on Friday, May 22nd. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, easyJet presently has an average rating of “Hold”.
About easyJet
easyJet plc, trading on the OTC Markets under the symbol ESYJY, is a British low-cost airline headquartered at London Luton Airport. As one of Europe’s leading short-haul carriers, the company operates a network of scheduled services, offering point-to-point flights across more than 30 countries. easyJet’s primary focus is on delivering affordable, no-frills air travel to both leisure and business passengers, supported by ancillary offerings such as seat selection, baggage allowances, and flexible ticketing options.
Founded in 1995 by entrepreneur Stelios Haji-Ioannou, easyJet pioneered the budget airline model in Europe.
Featured Articles
- Five stocks we like better than easyJet
- As Stablecoins Keep Growing, These 2 Stocks Benefit
- Apple Just Handed These 4 Memory Stocks Their Best News of the Year
- Costco’s Secret Growth Engine May Be Running Out of Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
Receive News & Ratings for easyJet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for easyJet and related companies with MarketBeat.com's FREE daily email newsletter.
