Ryanair (LON:RYA) Stock Passes Above 50 Day Moving Average – Here’s Why

Ryanair Holdings plc (LON:RYAGet Free Report)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 14.41 ($0.19) and traded as high as GBX 14.47 ($0.19). Ryanair shares last traded at GBX 14.42 ($0.19), with a volume of 1,030,830 shares.

Ryanair Stock Performance

The company has a market capitalization of £163.33 million and a P/E ratio of -24.94. The company has a debt-to-equity ratio of 116.44, a current ratio of 1.34 and a quick ratio of 1.14. The company has a fifty day moving average price of GBX 14.41 and a two-hundred day moving average price of GBX 14.41.

About Ryanair

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Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, Germany, and Other European countries. It is also involved in the provision of various ancillary services, such as non-flight scheduled services and internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation and hotel services, car hire, and travel insurance through its Website and mobile app.

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