Global Crossing Airlines Group (OTCMKTS:JETMF) Stock Rating Upgraded by Zacks Research

Global Crossing Airlines Group (OTCMKTS:JETMFGet Free Report) was upgraded by Zacks Research to a “hold” rating in a research note issued on Thursday,Zacks.com reports.

Separately, Litchfield Hills Research started coverage on Global Crossing Airlines Group in a research note on Monday. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

View Our Latest Stock Report on Global Crossing Airlines Group

Global Crossing Airlines Group Stock Down 11.0%

Shares of JETMF stock opened at $0.58 on Thursday. The firm has a market cap of $38.48 million, a P/E ratio of -58.00 and a beta of 1.00. The company has a 50 day moving average of $0.73 and a 200-day moving average of $0.61. Global Crossing Airlines Group has a 12-month low of $0.38 and a 12-month high of $0.87.

Global Crossing Airlines Group (OTCMKTS:JETMFGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.06. The firm had revenue of $76.57 million during the quarter, compared to analysts’ expectations of $60.53 million. As a group, equities analysts expect that Global Crossing Airlines Group will post 0.29 EPS for the current year.

Global Crossing Airlines Group Company Profile

(Get Free Report)

Global Crossing Airlines Group (OTCMKTS: JETMF) is an aviation holding company whose principal subsidiary, GlobalX Airlines, provides passenger charter, scheduled and ACMI (aircraft, crew, maintenance and insurance) services. The company operates a fleet of narrow-body aircraft, primarily Airbus A320‐family jets, configured to support leisure and charter markets, air-bridge operations and ad hoc charters.

The company’s main business activities include on-demand charter flights for tour operators, cruise lines and corporate clients, as well as scheduled service linking key U.S.

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