easyjet (OTCMKTS:EJTTF) Stock Jumps 2% – Here’s What Happened

easyjet PLC (OTCMKTS:EJTTF – Get Free Report)’s stock price rose 2% during trading on Friday. The company traded as high as $9.0650 and last traded at $9.0650. 111 shares traded hands during mid-day trading, an increase of 5,592% from the average daily volume of 2 shares. The stock had previously closed at $8.89.

Analysts Set New Price Targets

Separately, Zacks Research raised easyjet to a “hold” rating in a research note on Wednesday, July 8th. Three analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on easyjet

easyjet Price Performance

The stock’s 50 day simple moving average is $8.89 and its 200 day simple moving average is $6.97.

easyjet Company Profile

(Get Free Report)

easyJet plc is a British low-cost airline headquartered at London Luton Airport. Founded in 1995 by entrepreneur Sir Stelios Haji-Ioannou, the company operates scheduled passenger services under the easyJet brand, focusing on affordable air travel and efficient point-to-point routes.

The airline serves destinations across the United Kingdom, Europe, North Africa and the Middle East, connecting major airports with popular leisure and business markets. Its services include online flight booking, seat selection, baggage options and other ancillary travel products.

Through easyJet holidays, the company also sells package holidays that combine flights with hotel accommodations and other travel arrangements.

Further Reading

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