easyJet (OTCMKTS:ESYJY) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

Shares of easyJet plc (OTCMKTS:ESYJYGet Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $6.28 and traded as low as $5.73. easyJet shares last traded at $5.73, with a volume of 7,878 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft downgraded easyJet from a “buy” rating to a “hold” rating in a research note on Thursday, March 27th.

Get Our Latest Report on ESYJY

easyJet Stock Performance

The company’s 50 day moving average price is $6.26 and its two-hundred day moving average price is $6.59.

About easyJet

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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.

Further Reading

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