Global Crossing Airlines Group (CVE:JET) Trading Down 4.9%

Global Crossing Airlines Group Inc. (CVE:JET) shares traded down 4.9% on Wednesday . The stock traded as low as C$1.36 and last traded at C$1.36. 10,010 shares were traded during trading, a decline of 11% from the average session 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 debt-to-equity ratio of 105.95, a current ratio of 1.18 and a quick ratio of 1.04. The stock’s fifty day simple moving average is C$1.36 and its 200-day simple moving average is C$1.36. The stock has a market cap of C$63.25 million and a P/E ratio of -2.57.

Global Crossing Airlines Group (CVE:JET) last announced its quarterly earnings results on Monday, May 6th. The company reported C($0.15) earnings per share for the quarter. The firm had revenue of C$72.58 million during the quarter.

Global Crossing Airlines Group Company Profile

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.