easyJet (LON:EZJ) Stock Passes Above 200 Day Moving Average – Time to Sell?

Posted by John Perry on Jan 10th, 2025

easyJet plc (LON:EZJ – Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 501.87 ($6.18) and traded as high as GBX 538 ($6.62). easyJet shares last traded at GBX 537.80 ($6.62), with a volume of 3,131,057 shares traded.

easyJet Stock Performance

The stock has a 50-day moving average of GBX 550.27 and a 200 day moving average of GBX 502.49. The company has a debt-to-equity ratio of 132.04, a quick ratio of 1.09 and a current ratio of 1.03. The firm has a market capitalization of £3.90 billion, a P/E ratio of 1,056.77, a price-to-earnings-growth ratio of 0.59 and a beta of 2.49.

easyJet Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, February 20th will be issued a GBX 12.10 ($0.15) dividend. This represents a dividend yield of 2.24%. This is a boost from easyJet’s previous dividend of $4.50. The ex-dividend date is Thursday, February 20th. easyJet’s payout ratio is currently 1,020.41%.

Insider Buying and Selling

In other news, insider David Robbie bought 7,404 shares of the company’s stock in a transaction dated Wednesday, November 27th. The stock was bought at an average price of GBX 550 ($6.77) per share, for a total transaction of £40,722 ($50,107.05). Also, insider Kenton Jarvis sold 34,540 shares of the company’s stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of GBX 568 ($6.99), for a total transaction of £196,187.20 ($241,401.75). Insiders have purchased a total of 7,458 shares of company stock worth $4,102,458 in the last 90 days. Corporate insiders own 16.74% of the company’s stock.

easyJet Company Profile

(Get Free Report)

We are a low-cost European point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares, seamlessly connecting Europe with the warmest welcome in the sky. easyJet is one of the largest airlines in the world, with 343 aircraft, operating 1,045 routes across 35 countries and 158 airports.