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Insider Buying: easyJet plc (LON:EZJ) Insider Purchases 29 Shares of Stock

From Market Beat

Insider Buying: easyJet plc (LON:EZJ) Insider Purchases 29 Shares of Stock

easyJet plc (LON:EZJ - Get Free Report) insider Kenton Jarvis acquired 29 shares of the firm's stock in a transaction dated Friday, January 10th. The stock was purchased at an average cost of GBX 508 ($6.20) per share, with a total value of £147.32 ($179.86).

Kenton Jarvis also recently made the following trade(s):

Shares of LON EZJ traded down GBX 12.67 ($0.15) during mid-day trading on Monday, reaching GBX 494.20 ($6.03). 3,798,463 shares of the company were exchanged, compared to its average volume of 35,212,000. The company's 50-day simple moving average is GBX 549.99 and its 200-day simple moving average is GBX 503.13. The company has a quick ratio of 1.09, a current ratio of 1.03 and a debt-to-equity ratio of 132.04. The stock has a market capitalization of £3.72 billion, a P/E ratio of 1,008.57, a P/E/G ratio of 0.59 and a beta of 2.49. easyJet plc has a twelve month low of GBX 404.70 ($4.94) and a twelve month high of GBX 594 ($7.25).

The business also recently announced a dividend, which will be paid on Friday, March 21st. Stockholders of record on Thursday, February 20th will be paid a dividend of GBX 12.10 ($0.15) per share. This represents a dividend yield of 2.24%. The ex-dividend date of this dividend is Thursday, February 20th. This is a boost from easyJet's previous dividend of $4.50. easyJet's dividend payout ratio (DPR) is currently 1,020.41%.

We are a low-cost European point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares, seamlessly connecting Europe with the warmest welcome in the sky. easyJet is one of the largest airlines in the world, with 343 aircraft, operating 1,045 routes across 35 countries and 158 airports.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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