easyJet plc (OTCMKTS:ESYJY – Get Free Report) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $6.98 and traded as low as $6.40. easyJet shares last traded at $6.40, with a volume of 13,778 shares.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on ESYJY. JPMorgan Chase & Co. upgraded shares of easyJet from a “neutral” rating to an “overweight” rating in a research report on Thursday, February 1st. Barclays upgraded shares of easyJet from an “equal weight” rating to an “overweight” rating in a research report on Friday, February 2nd.
Check Out Our Latest Report on ESYJY
easyJet Stock Performance
easyJet Cuts Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, February 23rd were paid a dividend of $0.0565 per share. The ex-dividend date was Thursday, February 22nd. easyJet’s payout ratio is 38.46%.
About easyJet
easyJet plc operates as a low-cost airline carrier in Europe. The company engages in the provision of holiday packages; aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.
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