Shares of easyjet PLC (OTCMKTS:EJTTF – Get Free Report) saw unusually-high trading volume on Thursday. Approximately 2,400 shares were traded during mid-day trading, an increase of 205% from the average daily volume of 788 shares. The stock last traded at $9.20 and had previously closed at $9.0650.
Analysts Set New Price Targets
Separately, Zacks Research raised easyjet to a “hold” rating in a research report on Wednesday, July 8th. Three analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, easyjet presently has a consensus rating of “Hold”.
Check Out Our Latest Analysis on easyjet
easyjet Stock Performance
The company’s 50 day moving average is $8.91 and its 200 day moving average is $7.01.
easyjet Company Profile
easyJet plc is a British low-cost airline headquartered at London Luton Airport. Founded in 1995 by entrepreneur Sir Stelios Haji-Ioannou, the company operates scheduled passenger services under the easyJet brand, focusing on affordable air travel and efficient point-to-point routes.
The airline serves destinations across the United Kingdom, Europe, North Africa and the Middle East, connecting major airports with popular leisure and business markets. Its services include online flight booking, seat selection, baggage options and other ancillary travel products.
Through easyJet holidays, the company also sells package holidays that combine flights with hotel accommodations and other travel arrangements.
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