easyjet PLC (OTCMKTS:EJTTF – Get Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $4.81, but opened at $6.26. easyjet shares last traded at $6.26, with a volume of 100 shares changing hands.
Wall Street Analyst Weigh In
Separately, Sanford C. Bernstein downgraded shares of easyjet from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.
View Our Latest Analysis on easyjet
easyjet Stock Up 22.4%
About easyjet
easyJet plc is a UK-based low-cost airline known for operating scheduled point-to-point flights across Europe, Turkey, North Africa and select destinations in the Middle East. Trading under the symbol EJTTF on the OTC Markets, the company offers no-frills air travel with a focus on affordable fares and ancillary revenues from services such as seat selection, in-flight catering and checked baggage.
Founded in 1995 by Stelios Haji-Ioannou and commencing operations in 1996, easyJet pioneered the low-cost carrier model in Europe, targeting both leisure and business travelers with a streamlined cost structure and high aircraft utilization.
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