Global Crossing Airlines Group (OTCMKTS:JETMF) Stock Price Up 3.3% – Still a Buy?

Global Crossing Airlines Group Inc. (OTCMKTS:JETMFGet Free Report) rose 3.3% during mid-day trading on Tuesday . The company traded as high as $0.6110 and last traded at $0.6110. Approximately 18,600 shares changed hands during trading, a decline of 72% from the average daily volume of 66,447 shares. The stock had previously closed at $0.5914.

Global Crossing Airlines Group Price Performance

The stock has a market capitalization of $39.95 million, a price-to-earnings ratio of -20.37 and a beta of 0.58. The business has a fifty day moving average of $0.61 and a 200 day moving average of $0.64.

About Global Crossing Airlines Group

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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.

Further Reading

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