fastjet Plc (FJET.L) (LON:FJET) Stock Crosses Above 50 Day Moving Average – Here’s Why

fastjet Plc (FJET.L) (LON:FJET) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 0.03 ($0.00) and traded as high as GBX 0.04 ($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) Stock Performance

The company has a debt-to-equity ratio of 81.90, a quick ratio of 0.47 and a current ratio of 0.48. The stock’s 50-day simple moving average is GBX 0.03 and its two-hundred day simple moving average is GBX 0.03. The stock 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.