Jet2 (OTCMKTS:DRTGF) Stock Price Up 11.2% – Here’s What Happened

Jet2 plc (OTCMKTS:DRTGF)’s share price traded up 11.2% on Friday . The company traded as high as $20.22 and last traded at $20.22. 2,763 shares changed hands during trading, a decline of 58% from the average session volume of 6,515 shares. The stock had previously closed at $18.18.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Royal Bank Of Canada restated an “outperform” rating on shares of Jet2 in a report on Thursday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Jet2 in a report on Thursday. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Jet2 currently has a consensus rating of “Moderate Buy”.

Jet2 Stock Performance

The business’s 50 day moving average price is $16.63 and its two-hundred day moving average price is $16.66.

About Jet2

Jet2 plc, trading on the OTC Markets under the symbol DRTGF, is a UK-based leisure airline and holiday provider. Through its subsidiaries Jet2.com and Jet2holidays, the company operates scheduled low-cost flights and packages to popular holiday destinations across Europe. The group serves leisure travelers primarily from the United Kingdom, offering one-way and return flights alongside tailored package deals that combine flights, accommodation, transfers, and additional services.

The core of Jet2’s operations is its scheduled passenger airline, Jet2.com, which flies from more than a dozen UK airports including Birmingham, Manchester and London Stansted.