WestJet Airlines (TSE:WJA) Reaches New 52-Week High at $31.00

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WestJet Airlines Ltd. (TSE:WJA) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$31.00 and last traded at C$30.99, with a volume of 566948 shares changing hands. The stock had previously closed at C$30.53.

The company has a 50 day simple moving average of C$30.57 and a 200-day simple moving average of C$30.58. The stock has a market cap of $3.53 billion and a price-to-earnings ratio of 16.87. The company has a current ratio of 0.75, a quick ratio of 0.62 and a debt-to-equity ratio of 97.24.

WestJet Airlines (TSE:WJA) last released its quarterly earnings results on Monday, October 28th. The company reported C$1.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.72 by C$0.30. The firm had revenue of C$1.39 billion during the quarter, compared to analyst estimates of C$1.35 billion. Equities analysts forecast that WestJet Airlines Ltd. will post 2.3299998 earnings per share for the current fiscal year.

WestJet Airlines Company Profile (TSE:WJA)

WestJet Airlines Ltd. provides scheduled airline services and travel packages. The company offers scheduled flights, as well as cargo and charter services. It also operates WestJet Vacations that provides air, hotel, car, and excursion packages; WestJet Encore, a regional airline with a fleet of turboprop aircraft in a network of destinations in Canada and the United States; and Swoop, an ultra-low-cost carrier for air transportation.

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