Jet2 plc (DTG.L) (LON:DTG) Trading Down 1.1% – Should You Sell?

Jet2 plc (DTG.L) (LON:DTG)’s share price was down 1.1% on Wednesday . The company traded as low as GBX 710 ($9.06) and last traded at GBX 728.50 ($9.29). Approximately 311,914 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 920,259 shares. The stock had previously closed at GBX 736.50 ($9.40).

Jet2 plc (DTG.L) Stock Down 1.1 %

The firm’s 50-day moving average is GBX 728.50 and its two-hundred day moving average is GBX 728.50. The company has a debt-to-equity ratio of 182.68, a quick ratio of 1.03 and a current ratio of 1.15. The stock has a market cap of £1.30 billion and a P/E ratio of 9.36.

About Jet2 plc (DTG.L)

Dart Group PLC, together with its subsidiaries, engages in leisure travel, and distribution and logistics businesses in Europe. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in package holiday, passenger aircraft, charter aircraft, non-ticket retail, and warehousing and distribution activities.