Royal Bank of Canada Upgrades easyJet (OTCMKTS:EJTTF) to “Moderate Buy”

easyJet (OTCMKTS:EJTTF) was upgraded by equities researchers at Royal Bank of Canada from a “hold” rating to a “moderate buy” rating in a report issued on Tuesday,Zacks.com reports.

easyJet Price Performance

Shares of OTCMKTS EJTTF opened at $7.90 on Tuesday. The company has a 50-day moving average price of $6.69 and a 200-day moving average price of $6.62. easyJet has a 1 year low of $4.98 and a 1 year high of $7.90. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.57.

About easyJet

easyJet plc operates as a low-cost airline carrier in Europe. The company engages in the provision of holiday packages; aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.