Global Crossing Airlines Group (CVE:JET) Trading Down 4.9%

Global Crossing Airlines Group Inc. (CVE:JET)’s stock price was down 4.9% during mid-day trading on Tuesday . 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 company has a quick ratio of 1.04, a current ratio of 1.18 and a debt-to-equity ratio of 105.95. The stock has a market capitalization of C$63.25 million and a PE ratio of -2.57. The firm has a 50 day moving average price of C$1.36 and a 200-day moving average price of C$1.36.

Global Crossing Airlines Group (CVE:JET) last posted its quarterly earnings results on Thursday, March 7th. The company reported C($0.05) earnings per share (EPS) for the quarter. The business had revenue of C$73.41 million for the quarter.

Global Crossing Airlines Group Company Profile

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.