easyJet (LON:EZJ) Insider Buys 22 Shares of Company Stock

easyJet plc (LON:EZJ) insider Kenton Jarvis bought 22 shares of the firm’s stock in a transaction dated Monday, October 12th. The shares were acquired at an average cost of GBX 681 per share, with a total value of £149.82.

Kenton Jarvis also recently made the following trade(s):

• On Thursday, September 10th, Kenton Jarvis bought 23 shares of easyJet stock. The stock was acquired at an average price of GBX 669 per share, for a total transaction of £153.87.
• On Monday, August 10th, Kenton Jarvis acquired 22 shares of easyJet stock. The stock was bought at an average cost of GBX 670 per share, with a total value of £147.40.

easyJet Stock Down 0.4%

LON EZJ traded down GBX 2.40 on Tuesday, reaching GBX 675. The company had a trading volume of 2,590,746 shares, compared to its average volume of 28,374,381. The company’s fifty day moving average is GBX 671.77 and its 200 day moving average is GBX 538.23. The stock has a market capitalization of £5.05 billion, a P/E ratio of 12.48, a P/E/G ratio of 0.59 and a beta of 1.72. The company has a quick ratio of 1.09, a current ratio of 1.10 and a debt-to-equity ratio of 82.36. easyJet plc has a 52-week low of GBX 332.60 and a 52-week high of GBX 684.15.

Analyst Ratings Changes

A number of equities research analysts have recently commented on EZJ shares. JPMorgan Chase & Co. lifted their target price on easyJet from GBX 360 to GBX 715 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Royal Bank Of Canada raised their price target on easyJet from GBX 600 to GBX 715 and gave the stock a “sector perform” rating in a report on Friday, August 21st. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of GBX 646.43.

easyJet Company Profile

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 for our customers – making great value travel accessible for everyone. We aim to?provide simple, convenient travel and holidays at a competitive price with outstanding customer service. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.