easyJet (LON:EZJ) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Posted by Mark Dietrich on Jan 22nd, 2025

easyJet plc (LON:EZJ – Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 505.08 ($6.23) and traded as high as GBX 513.82 ($6.33). easyJet shares last traded at GBX 506.40 ($6.24), with a volume of 3,930,552 shares traded.

easyJet Trading Down 5.2 %

The firm’s 50-day simple moving average is GBX 545.51 and its 200 day simple moving average is GBX 505.45. The company has a debt-to-equity ratio of 132.04, a current ratio of 1.03 and a quick ratio of 1.09. The firm has a market capitalization of £3.65 billion, a price-to-earnings ratio of 989.39, a P/E/G ratio of 0.59 and a beta of 2.49.

easyJet (LON:EZJ – Get Free Report) last announced its quarterly earnings data on Wednesday, November 27th. The company reported GBX 61.30 ($0.76) earnings per share for the quarter. easyJet had a return on equity of 17.26% and a net margin of 4.27%. Equities analysts expect that easyJet plc will post 67.3369565 earnings per share for the current year.

easyJet Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, February 20th will be issued a dividend of GBX 12.10 ($0.15) per share. The ex-dividend date is Thursday, February 20th. This is a positive change from easyJet’s previous dividend of $4.50. This represents a dividend yield of 2.24%. easyJet’s payout ratio is 1,020.41%.

Insider Buying and Selling

In other news, insider Kenton Jarvis sold 34,540 shares of the stock in a transaction on Thursday, December 19th. The stock was sold at an average price of GBX 568 ($7.00), for a total value of £196,187.20 ($241,877.94). Also, insider David Robbie acquired 7,404 shares of easyJet stock in a transaction that occurred on Wednesday, November 27th. The shares were purchased at an average price of GBX 550 ($6.78) per share, for a total transaction of £40,722 ($50,205.89). Insiders purchased a total of 7,487 shares of company stock worth $4,117,190 in the last three months. 16.74% of the stock is owned by corporate insiders.

easyJet Company Profile

(Get Free Report)

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, seamlessly connecting Europe with the warmest welcome in the sky. easyJet is one of the largest airlines in the world, with 343 aircraft, operating 1,045 routes across 35 countries and 158 airports.