Global Crossing Airlines Group (CVE:JET) Stock Falls 4.9% – Here’s What Happened

Global Crossing Airlines Group Inc. (CVE:JET – Get Free Report)’s share price dropped 4.9% during trading on Wednesday. The company traded as low as C$1.36 and last traded at C$1.36. Approximately 10,010 shares were traded during trading, a decline of 11% from the average daily volume of 11,289 shares. The stock had previously closed at C$1.43.

Global Crossing Airlines Group Price Performance

The company has a market cap of C$63.25 million and a price-to-earnings ratio of -2.57. The company’s 50 day moving average price is C$1.36 and its 200 day moving average price is C$1.36. The company has a current ratio of 1.18, a quick ratio of 1.03 and a debt-to-equity ratio of 105.95.

About Global Crossing Airlines Group

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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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