Global Crossing Airlines Group (CVE:JET) Trading Down 4.9%

Global Crossing Airlines Group Inc. (CVE:JET)’s stock price was down 4.9% on Wednesday . 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 Price Performance

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

Global Crossing Airlines Group (CVE:JET) last posted its quarterly earnings data on Monday, May 6th. The company reported C($0.15) earnings per share for the quarter. The firm had revenue of C$72.58 million during the quarter.

Global Crossing Airlines Group Company Profile

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.