Ryanair (LON:RYA) Trading Up 1.5% – Should You Buy?

Ryanair Holdings plc (LON:RYA) shot up 1.5% during mid-day trading on Thursday . The company traded as high as GBX 14.47 ($0.18) and last traded at GBX 14.42 ($0.18). 1,030,830 shares changed hands during trading, an increase of 10% from the average session volume of 933,369 shares. The stock had previously closed at GBX 14.20 ($0.18).

Ryanair Price Performance

The stock has a market capitalization of £163.33 million and a P/E ratio of -24.94. The business’s 50 day moving average price is GBX 14.41 and its 200 day moving average price is GBX 14.41. The company has a debt-to-equity ratio of 116.44, a current ratio of 1.34 and a quick ratio of 1.14.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, Germany, and Other European countries. It is also involved in the provision of various ancillary services, such as non-flight scheduled services and internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation and hotel services, car hire, and travel insurance through its Website and mobile app.