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

Shares of Global Crossing Airlines Group Inc. (CVE:JET) were down 4.9% during trading on Tuesday . The stock traded as low as C$1.36 and last traded at C$1.36. Approximately 10,010 shares changed hands during trading, a decline of 11% from the average daily volume of 11,289 shares. The stock had previously closed at C$1.43.

Global Crossing Airlines Group Stock Performance

The company has a current ratio of 1.18, a quick ratio of 1.04 and a debt-to-equity ratio of 105.95. The company’s fifty day moving average is C$1.36 and its 200 day moving average is C$1.36. The company has a market cap of C$63.25 million and a P/E ratio of -2.57.

Global Crossing Airlines Group Company Profile

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.