Ryanair (NASDAQ:RYAAY) Shares Gap Down to $141.34

Ryanair Holdings plc (NASDAQ:RYAAY) shares gapped down before the market opened on Tuesday . The stock had previously closed at $141.34, but opened at $133.09. Ryanair shares last traded at $133.22, with a volume of 97,466 shares traded.

Analysts Set New Price Targets

Separately, Evercore ISI lifted their price objective on shares of Ryanair from $145.00 to $155.00 and gave the company an “in-line” rating in a report on Thursday, April 4th. Two analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Ryanair has an average rating of “Moderate Buy” and an average target price of $158.50.

Ryanair Stock Down 1.1 %

The company has a market cap of $29.68 billion, a price-to-earnings ratio of 13.41, a price-to-earnings-growth ratio of 0.71 and a beta of 1.59. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.00 and a current ratio of 1.00. The business has a 50-day simple moving average of $140.99 and a 200-day simple moving average of $129.48.

Institutional Investors Weigh In On Ryanair

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Bruce G. Allen Investments LLC acquired a new position in Ryanair in the fourth quarter valued at approximately $31,000. Advisors Preferred LLC purchased a new stake in shares of Ryanair during the 4th quarter worth approximately $31,000. GAMMA Investing LLC boosted its holdings in shares of Ryanair by 44.9% in the 1st quarter. GAMMA Investing LLC now owns 242 shares of the transportation company’s stock valued at $35,000 after buying an additional 75 shares in the last quarter. Cornerstone Planning Group LLC grew its position in shares of Ryanair by 1,523.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 276 shares of the transportation company’s stock valued at $27,000 after buying an additional 259 shares during the last quarter. Finally, Principal Securities Inc. acquired a new stake in Ryanair during the 4th quarter worth $41,000. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Ryanair Company Profile

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.