Jet2 (OTCMKTS:DRTGF) Stock Price Up 4% – What’s Next?

Jet2 plc (OTCMKTS:DRTGF) shares rose 4% on Monday . The company traded as high as $17.73 and last traded at $17.6952. Approximately 950 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 6,260 shares. The stock had previously closed at $17.0150.

Analyst Ratings Changes

DRTGF has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft cut shares of Jet2 from a “buy” rating to a “hold” rating in a report on Thursday, April 30th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Jet2 in a research note on Thursday, April 30th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Jet2 Price Performance

The company’s 50 day moving average price is $15.75 and its two-hundred day moving average price is $16.61.

About Jet2

Jet2 plc, trading on the OTC Markets under the symbol DRTGF, is a UK-based leisure airline and holiday provider. Through its subsidiaries Jet2.com and Jet2holidays, the company operates scheduled low-cost flights and packages to popular holiday destinations across Europe. The group serves leisure travelers primarily from the United Kingdom, offering one-way and return flights alongside tailored package deals that combine flights, accommodation, transfers, and additional services.

The core of Jet2’s operations is its scheduled passenger airline, Jet2.com, which flies from more than a dozen UK airports including Birmingham, Manchester and London Stansted.