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

Global Crossing Airlines Group Inc. (CVE:JETGet Free Report)’s share price dropped 4.9% during mid-day trading on Friday . The stock 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 Trading Down 4.9%

The business has a 50 day moving average of C$1.36 and a 200-day moving average of C$1.36. The stock has a market cap of C$63.25 million and a PE ratio of -2.57. The company has a current ratio of 1.18, a quick ratio of 1.04 and a debt-to-equity ratio of 105.95.

About Global Crossing Airlines Group

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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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