Jet2 (OTCMKTS:DRTGF) Stock Price Down 8.8% – What’s Next?

Jet2 plc (OTCMKTS:DRTGF) shares fell 8.8% on Thursday . The company traded as low as $15.97 and last traded at $15.97. 470 shares traded hands during trading, a decline of 49% from the average session volume of 925 shares. The stock had previously closed at $17.5090.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Jet2 in a report on Thursday, November 20th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy”.

Jet2 Trading Down 3.5%

The company’s fifty day moving average price is $17.60 and its two-hundred day moving average price is $18.37.

About Jet2

Jet2 plc, trading on the OTC Markets under the symbol DRTGF, is a UK-based leisure airline and holiday provider. Through its subsidiaries Jet2.com and Jet2holidays, the company operates scheduled low-cost flights and packages to popular holiday destinations across Europe. The group serves leisure travelers primarily from the United Kingdom, offering one-way and return flights alongside tailored package deals that combine flights, accommodation, transfers, and additional services.

The core of Jet2’s operations is its scheduled passenger airline, Jet2.com, which flies from more than a dozen UK airports including Birmingham, Manchester and London Stansted.