Global Crossing Airlines Group (OTCMKTS:JETMF) Trading Down 0.2% – Here’s Why

Global Crossing Airlines Group Inc. (OTCMKTS:JETMF)’s stock price dropped 0.2% during mid-day trading on Thursday . The stock traded as low as $0.63 and last traded at $0.6564. Approximately 97,252 shares were traded during trading, a decline of 7% from the average daily volume of 104,085 shares. The stock had previously closed at $0.6576.

Global Crossing Airlines Group Trading Down 0.2%

The firm has a fifty day simple moving average of $0.52 and a 200-day simple moving average of $0.60. The stock has a market cap of $43.55 million, a price-to-earnings ratio of -13.13 and a beta of 0.68.

Global Crossing Airlines Group (OTCMKTS:JETMF) last posted its quarterly earnings results on Wednesday, March 4th. The company reported ($0.03) earnings per share for the quarter. The firm had revenue of $60.30 million during the quarter.

Global Crossing Airlines Group Company Profile

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.