Global Crossing Airlines Group (CVE:JET) Trading Down 4.9% – What’s Next?

Global Crossing Airlines Group Inc. (CVE:JETGet Free Report)’s share price dropped 4.9% on Wednesday . The company traded as low as C$1.36 and last traded at C$1.36. Approximately 10,010 shares traded hands during mid-day 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 debt-to-equity ratio of 105.95, a current ratio of 1.18 and a quick ratio of 1.03. The business’s fifty day moving average price is C$1.36 and its 200-day moving average price is C$1.36. The stock has a market capitalization of C$63.25 million and a price-to-earnings ratio of -2.57.

Global Crossing Airlines Group Company Profile

(Get Free Report)

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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