Global Crossing Airlines Group Inc. (OTCMKTS:JETMF – Get Free Report)’s share price dropped 4.9% during mid-day trading on Monday . The stock traded as low as $0.7225 and last traded at $0.7225. Approximately 55,128 shares traded hands during mid-day trading, an increase of 22% from the average daily volume of 45,080 shares. The stock had previously closed at $0.76.
Global Crossing Airlines Group Stock Down 4.9%
The firm has a market capitalization of $47.94 million, a PE ratio of -72.25 and a beta of 1.00. The firm’s fifty day simple moving average is $0.71 and its 200-day simple moving average is $0.61.
Global Crossing Airlines Group (OTCMKTS:JETMF – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.06. The company had revenue of $76.57 million during the quarter, compared to the consensus estimate of $60.53 million.
About Global Crossing Airlines Group
Global Crossing Airlines Group (OTCMKTS: JETMF) is an aviation holding company whose principal subsidiary, GlobalX Airlines, provides passenger charter, scheduled and ACMI (aircraft, crew, maintenance and insurance) services. The company operates a fleet of narrow-body aircraft, primarily Airbus A320‐family jets, configured to support leisure and charter markets, air-bridge operations and ad hoc charters.
The company’s main business activities include on-demand charter flights for tour operators, cruise lines and corporate clients, as well as scheduled service linking key U.S.
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