Global Crossing Airlines Group (CVE:JET) Stock Price Down 4.9% – Here’s Why

Global Crossing Airlines Group Inc. (CVE:JETGet Free Report)’s share price traded down 4.9% during mid-day trading on Monday . The stock traded as low as C$1.36 and last traded at C$1.36. 10,010 shares were traded during mid-day 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 Stock Performance

The company has a market cap of C$63.25 million and a P/E ratio of -2.57. The business’s 50 day simple moving average is C$1.36 and its 200 day simple moving average is C$1.36. The company has a current ratio of 1.18, a quick ratio of 1.04 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.

Further Reading

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