easyJet (OTCMKTS:ESYJY) Stock Crosses Below Fifty Day Moving Average – Here’s Why

easyJet plc (OTCMKTS:ESYJYGet Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $6.19 and traded as low as $5.90. easyJet shares last traded at $6.04, with a volume of 9,464 shares.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft downgraded shares of easyJet from a “buy” rating to a “hold” rating in a research report on Thursday, March 27th.

Read Our Latest Stock Report on ESYJY

easyJet Stock Up 2.0 %

The stock has a 50 day moving average of $6.19 and a two-hundred day moving average of $6.54.

easyJet Company Profile

(Get Free Report)

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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