Global Crossing Airlines Group (CVE:JET) Trading Down 4.9% – Here’s Why

Global Crossing Airlines Group Inc. (CVE:JETGet Free Report)’s share price was down 4.9% during mid-day trading on Monday . The stock traded as low as C$1.36 and last traded at C$1.36. Approximately 10,010 shares were traded 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 Stock Performance

The stock has a market capitalization of C$63.25 million and a price-to-earnings ratio of -2.57. The company has a debt-to-equity ratio of 105.95, a current ratio of 1.18 and a quick ratio of 1.04. The stock has a 50-day moving average of C$1.36 and a 200 day moving average of C$1.36.

About Global Crossing Airlines Group

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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.

Further Reading

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