Global Crossing Airlines Group (CVE:JET) Stock Price Down 4.9% – Should You Sell?

Global Crossing Airlines Group Inc. (CVE:JETGet Free Report)’s share price traded down 4.9% during mid-day trading on Tuesday . The company traded as low as C$1.36 and last traded at C$1.36. 10,010 shares changed hands during trading, a decline of 11% from the average session volume of 11,289 shares. The stock had previously closed at C$1.43.

Global Crossing Airlines Group Trading Down 4.9%

The stock’s fifty day simple moving average is C$1.36 and its 200-day simple moving average is C$1.36. The company has a debt-to-equity ratio of 105.95, a current ratio of 1.18 and a quick ratio of 1.04. The firm has a market cap of C$63.25 million and a PE ratio of -2.57.

Global Crossing Airlines Group Company Profile

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Global Crossing Airlines Group Inc operates in the airline business. It focuses to fly as an aircraft, crew, maintenance, and insurance (ACMI) and wet lease charter airline serving the United States, the Caribbean, and Latin American markets. The company is based in Miami, Florida.

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