Global Crossing Airlines Group (CVE:JET) Stock Price Down 4.9% – Should You Sell?

Global Crossing Airlines Group Inc. (CVE:JETGet Free Report)’s share price was down 4.9% during mid-day trading on Wednesday . 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 Trading Down 4.9%

The business’s fifty day moving average is C$1.36 and its 200-day moving average is C$1.36. The company has a debt-to-equity ratio of 105.95, a quick ratio of 1.03 and a current ratio of 1.18. The firm has a market cap of C$63.25 million and a P/E 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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