easyJet (LON:EZJ) Insider Acquires 22 Shares of Stock

easyJet plc (LON:EZJ) insider Kenton Jarvis acquired 22 shares of the stock in a transaction dated Tuesday, November 10th. The shares were bought at an average cost of GBX 688 per share, for a total transaction of £151.36.

Kenton Jarvis also recently made the following trade(s):

• On Monday, October 12th, Kenton Jarvis acquired 22 shares of easyJet stock. The shares were bought at an average price of GBX 681 per share, with a total value of £149.82.
• On Thursday, September 10th, Kenton Jarvis bought 23 shares of easyJet stock. The stock was purchased at an average cost of GBX 669 per share, with a total value of £153.87.

easyJet Stock Performance

easyJet stock traded down GBX 1.60 during midday trading on Wednesday, hitting GBX 689. The stock had a trading volume of 1,832,435 shares, compared to its average volume of 26,631,227. easyJet plc has a 52-week low of GBX 332.60 and a 52-week high of GBX 690.80. The company has a market capitalization of £5.15 billion, a PE ratio of 12.74, a P/E/G ratio of 0.59 and a beta of 1.67. The firm’s fifty day moving average is GBX 676.70 and its two-hundred day moving average is GBX 534.38. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 82.36.

Analyst Upgrades and Downgrades

EZJ has been the topic of a number of analyst reports. Royal Bank Of Canada lifted their target price on shares of easyJet from GBX 600 to GBX 715 and gave the company a “sector perform” rating in a research note on Friday, August 21st. JPMorgan Chase & Co. increased their price target on easyJet from GBX 360 to GBX 715 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of GBX 646.43.

About easyJet

We are a low-cost, European, point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to provide simple, convenient travel and holidays at a competitive price with outstanding customer service. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.