Global Crossing Airlines Group (CVE:JET) Shares Down 4.9% – Here’s Why

Shares of Global Crossing Airlines Group Inc. (CVE:JETGet Free Report) were down 4.9% during mid-day trading on Wednesday . The company traded as low as C$1.36 and last traded at C$1.36. Approximately 10,010 shares were traded during trading, a decline of 11% from the average daily volume of 11,289 shares. The stock had previously closed at C$1.43.

Global Crossing Airlines Group Price Performance

The company has a 50 day simple moving average of C$1.36 and a 200 day simple moving average of C$1.36. The company has a market capitalization of C$63.25 million and a price-to-earnings ratio of -2.57. The company has a quick ratio of 1.04, a current ratio of 1.18 and a debt-to-equity ratio of 105.95.

Global Crossing Airlines Group Company Profile

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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.

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