fastjet Plc (FJET.L) (LON:FJET) Stock Passes Below 200 Day Moving Average – Here’s Why

Shares of fastjet Plc (FJET.L) (LON:FJET) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 0.03 ($0.00) and traded as low as GBX 0.02 ($0.00). fastjet Plc (FJET.L) shares last traded at GBX 0.03 ($0.00), with a volume of 55,603,590 shares traded.

fastjet Plc (FJET.L) Trading Up 7.1 %

The company has a current ratio of 0.48, a quick ratio of 0.47 and a debt-to-equity ratio of 81.90. The stock has a 50-day simple moving average of GBX 0.03 and a 200 day simple moving average of GBX 0.03. The company has a market cap of £1.14 million and a price-to-earnings ratio of -0.01.

About fastjet Plc (FJET.L)

fastjet Plc provides passenger airline services in Africa. The company was formerly known as Rubicon Diversified Investments Plc and changed its name to fastjet Plc in August 2012. fastjet Plc was incorporated in 2006 and is headquartered in London, the United Kingdom.