Ryanair Holdings plc (NASDAQ:RYAAY) was the recipient of a large decline in short interest in October. As of October 31st, there was short interest totalling 290,100 shares, a decline of 24.5% from the September 30th total of 384,300 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 533,200 shares, the short-interest ratio is currently 0.5 days.

A number of research analysts have recently commented on RYAAY shares. HSBC upgraded shares of Ryanair from a “reduce” rating to a “hold” rating in a research report on Tuesday, November 5th. JPMorgan Chase & Co. downgraded shares of Ryanair from a “neutral” rating to an “underweight” rating in a report on Monday, July 29th. Morgan Stanley initiated coverage on shares of Ryanair in a report on Wednesday, September 18th. They set an “underweight” rating for the company. Credit Suisse Group downgraded shares of Ryanair from a “neutral” rating to an “underperform” rating in a report on Tuesday, July 23rd. Finally, Societe Generale downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Six investment analysts have rated the stock with a sell rating, five have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $84.00.

Institutional investors have recently modified their holdings of the stock. Metropolis Capital Ltd lifted its stake in shares of Ryanair by 39.0% in the 2nd quarter. Metropolis Capital Ltd now owns 1,095,696 shares of the transportation company’s stock valued at $70,278,000 after purchasing an additional 307,671 shares during the period. Scout Investments Inc. raised its position in Ryanair by 9.1% during the second quarter. Scout Investments Inc. now owns 296,449 shares of the transportation company’s stock worth $19,014,000 after acquiring an additional 24,846 shares during the period. Diversified Trust Co raised its position in Ryanair by 67.5% during the second quarter. Diversified Trust Co now owns 40,862 shares of the transportation company’s stock worth $2,621,000 after acquiring an additional 16,463 shares during the period. CWM Advisors LLC raised its position in Ryanair by 28.0% during the second quarter. CWM Advisors LLC now owns 8,652 shares of the transportation company’s stock worth $555,000 after acquiring an additional 1,890 shares during the period. Finally, George Kaiser Family Foundation raised its position in Ryanair by 56.8% during the second quarter. George Kaiser Family Foundation now owns 33,259 shares of the transportation company’s stock worth $2,133,000 after acquiring an additional 12,043 shares during the period. Institutional investors own 50.50% of the company’s stock.

Shares of NASDAQ RYAAY traded up $0.65 during mid-day trading on Friday, reaching $86.01. 243,600 shares of the company were exchanged, compared to its average volume of 396,454. The stock has a market capitalization of $19.20 billion, a PE ratio of 16.73 and a beta of 0.85. The company’s 50 day moving average price is $74.11 and its 200 day moving average price is $66.95. Ryanair has a 52 week low of $55.75 and a 52 week high of $86.22. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.64.

About Ryanair

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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