Jet2 plc (DTG.L) (LON:DTG) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Jet2 plc (DTG.L) (LON:DTG) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 728.50 ($9.53) and traded as high as GBX 765 ($10.01). Jet2 plc (DTG.L) shares last traded at GBX 728.50 ($9.53), with a volume of 311,914 shares changing hands.

Jet2 plc (DTG.L) Stock Performance

The firm’s 50-day moving average price is GBX 728.50 and its 200-day moving average price is GBX 728.50. The company has a debt-to-equity ratio of 182.68, a current ratio of 1.15 and a quick ratio of 1.03. The stock has a market cap of £1.30 billion and a P/E ratio of 9.36.

Jet2 plc (DTG.L) Company Profile

Dart Group PLC, together with its subsidiaries, engages in leisure travel, and distribution and logistics businesses in Europe. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in package holiday, passenger aircraft, charter aircraft, non-ticket retail, and warehousing and distribution activities.