Global Crossing Airlines Group (CVE:JET) Trading Down 4.9% – Time to Sell?

Global Crossing Airlines Group Inc. (CVE:JETGet Free Report)’s share price fell 4.9% during trading on Wednesday . The company traded as low as C$1.36 and last traded at C$1.36. 10,010 shares changed hands 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 Price Performance

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

Global Crossing Airlines Group (CVE:JETGet Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The company reported C($0.11) EPS for the quarter.

Global Crossing Airlines Group Company Profile

(Get Free Report)

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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