Ryanair (LON:RYA) Sets New 12-Month Low at $8.75
Shares of Ryanair Holdings plc (LON:RYA) hit a new 52-week low on Wednesday . The company traded as low as GBX 8.75 ($0.11) and last traded at GBX 8.88 ($0.12), with a volume of 1239860 shares trading hands. The stock had previously closed at GBX 9.10 ($0.12).
Separately, Royal Bank of Canada reaffirmed a “buy” rating on shares of Ryanair in a research report on Thursday, August 8th.
The company has a debt-to-equity ratio of 85.89, a quick ratio of 0.92 and a current ratio of 1.08. The firm has a market capitalization of $99.48 million and a price-to-earnings ratio of 12.43. The business has a fifty day moving average price of GBX 284.99.
Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, and Other European countries. The company is also involved in the provision of various ancillary services, such as non-flight scheduled services and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation services, holidays, car hire, and travel insurance through its Website.
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