Ryanair (NASDAQ:RYAAY) Sees Unusually-High Trading Volume

Ryanair Holdings plc (NASDAQ:RYAAY) shares saw unusually-strong trading volume on Friday . Approximately 538,523 shares changed hands during trading, an increase of 25% from the previous session’s volume of 429,680 shares.The stock last traded at $115.57 and had previously closed at $114.65.

Analysts Set New Price Targets

Several analysts recently commented on the company. StockNews.com lowered Ryanair from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Raymond James boosted their price target on Ryanair from $135.00 to $140.00 and gave the company a “strong-buy” rating in a research note on Tuesday, July 25th. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $59.00.

Ryanair Trading Up 0.5 %

The company has a market cap of $26.24 billion, a P/E ratio of 10.92, a P/E/G ratio of 0.76 and a beta of 1.43. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.31. The business has a 50-day moving average price of $97.73 and a two-hundred day moving average price of $101.34.

Institutional Investors Weigh In On Ryanair

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RYAAY. Janney Montgomery Scott LLC increased its holdings in shares of Ryanair by 6.5% in the second quarter. Janney Montgomery Scott LLC now owns 8,930 shares of the transportation company’s stock worth $988,000 after acquiring an additional 548 shares in the last quarter. Zions Bancorporation N.A. increased its holdings in shares of Ryanair by 18.5% in the second quarter. Zions Bancorporation N.A. now owns 4,366 shares of the transportation company’s stock worth $483,000 after acquiring an additional 682 shares in the last quarter. Fifth Third Bancorp increased its holdings in shares of Ryanair by 5,957.1% in the second quarter. Fifth Third Bancorp now owns 424 shares of the transportation company’s stock worth $47,000 after acquiring an additional 417 shares in the last quarter. W.G. Shaheen & Associates DBA Whitney & Co increased its holdings in shares of Ryanair by 2.4% in the first quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 116,193 shares of the transportation company’s stock worth $10,956,000 after acquiring an additional 2,719 shares in the last quarter. Finally, Boston Partners increased its holdings in shares of Ryanair by 406.6% in the first quarter. Boston Partners now owns 66,365 shares of the transportation company’s stock worth $6,258,000 after acquiring an additional 53,264 shares in the last quarter. Institutional investors own 43.66% of the company’s stock.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.