easyJet (LON:EZJ) Sets New 12-Month Low – Should You Sell?

easyJet plc (LON:EZJ) reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 399.90 ($5.18) and last traded at GBX 470.14 ($6.09), with a volume of 14882505 shares. The stock had previously closed at GBX 473.20 ($6.12).

easyJet Stock Performance

The stock has a market cap of £3.47 billion, a PE ratio of 9.27, a price-to-earnings-growth ratio of 0.59 and a beta of 2.49. The stock has a fifty day moving average of GBX 498.21 and a 200-day moving average of GBX 519.05. The company has a quick ratio of 1.09, a current ratio of 1.02 and a debt-to-equity ratio of 110.33.

easyJet Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 21st. Stockholders of record on Thursday, February 20th were issued a GBX 12.10 ($0.16) dividend. The ex-dividend date was Thursday, February 20th. This represents a dividend yield of 2.24%. This is a positive change from easyJet’s previous dividend of $4.50. easyJet’s payout ratio is presently 10.09%.

Insider Transactions at easyJet

In other news, insider Julie Chakraverty bought 20,083 shares of the stock in a transaction dated Monday, February 3rd. The shares were acquired at an average price of GBX 498 ($6.45) per share, with a total value of £100,013.34 ($129,450.35). Insiders purchased 20,170 shares of company stock worth $10,045,878 over the last 90 days. 16.74% of the stock is currently owned by insiders.

easyJet Company Profile

We are a low-cost, European, point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to provide simple, convenient travel and holidays at a competitive price with outstanding customer service.