easyJet (LON:EZJ) Stock Crosses Above 200-Day Moving Average – Should You Sell?

easyJet plc (LON:EZJ)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 492.76 ($6.19) and traded as high as GBX 575 ($7.23). easyJet shares last traded at GBX 573.40 ($7.21), with a volume of 2,978,215 shares traded.

easyJet Trading Down 0.1 %

The company has a current ratio of 1.03, a quick ratio of 1.09 and a debt-to-equity ratio of 132.04. The company has a market cap of £4.31 billion, a PE ratio of 1,168.71, a PEG ratio of 0.59 and a beta of 2.49. The stock has a 50 day moving average price of GBX 539.33 and a 200 day moving average price of GBX 493.31.

easyJet Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, February 20th will be given a dividend of GBX 12.10 ($0.15) per share. The ex-dividend date is Thursday, February 20th. This represents a yield of 2.24%. This is a positive change from easyJet’s previous dividend of $4.50. easyJet’s dividend payout ratio (DPR) is currently 1,020.41%.

Insider Activity

In other easyJet news, insider David Robbie bought 7,404 shares of the stock in a transaction dated Wednesday, November 27th. The stock was purchased at an average cost of GBX 550 ($6.91) per share, for a total transaction of £40,722 ($51,177.58). In the last 90 days, insiders have acquired 7,488 shares of company stock worth $4,117,188. Corporate insiders own 16.74% of the company’s stock.

easyJet Company Profile

easyJet plc operates as a low-cost airline carrier in Europe. The company engages in the provision of holiday packages; aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.