Global Crossing Airlines Group (CVE:JET) Shares Down 4.9% – Here’s What Happened

Global Crossing Airlines Group Inc. (CVE:JETGet Free Report)’s share price traded down 4.9% during trading on Monday . The company traded as low as C$1.36 and last traded at C$1.36. 10,010 shares were traded during trading, a decline of 11% from the average session volume of 11,289 shares. The stock had previously closed at C$1.43.

Global Crossing Airlines Group Price Performance

The company has a fifty day simple moving average of C$1.36 and a two-hundred day simple moving average of C$1.36. The stock has a market capitalization of C$63.25 million and a price-to-earnings ratio of -2.57. The company has a debt-to-equity ratio of 105.95, a quick ratio of 1.04 and a current ratio of 1.18.

About Global Crossing Airlines Group

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

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