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

Shares of Global Crossing Airlines Group Inc. (CVE:JETGet Free Report) traded down 4.9% during trading on Wednesday . The company traded as low as C$1.36 and last traded at C$1.36. 10,010 shares traded hands during mid-day 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 Stock Performance

The company has a quick ratio of 1.03, a current ratio of 1.18 and a debt-to-equity ratio of 105.95. The company has a 50 day moving average of C$1.36 and a 200 day moving average of C$1.36. The firm has a market cap of C$63.25 million and a price-to-earnings ratio of -2.57.

Global Crossing Airlines Group Company Profile

(Get Free Report)

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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