Global Crossing Airlines Group Inc. (JET.V) (CVE:JET) Stock Price Down 20.5%

Global Crossing Airlines Group Inc. (JET.V) (CVE:JET) shares traded down 20.5% on Thursday . The stock traded as low as C$1.25 and last traded at C$1.32. 177,987 shares changed hands during mid-day trading, an increase of 41% from the average session volume of 126,379 shares. The stock had previously closed at C$1.66.

The company has a debt-to-equity ratio of 12.23, a current ratio of 0.39 and a quick ratio of 0.10. The firm has a market capitalization of C$40.43 million and a P/E ratio of -9.50. The company’s 50-day simple moving average is C$0.89 and its two-hundred day simple moving average is C$0.77.

Global Crossing Airlines Group Inc. (JET.V) (CVE:JET) last released its quarterly earnings results on Monday, November 30th. The company reported C($0.03) earnings per share for the quarter.

About Global Crossing Airlines Group Inc. (JET.V) (CVE:JET)

Global Crossing Airlines 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, Caribbean, and Latin American markets. The company is headquartered in Miami, Florida.

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