Global Crossing Airlines Group (OTCMKTS:JETMF) Trading Down 4.9% – Here’s What Happened

by · The Cerbat Gem

Shares of Global Crossing Airlines Group Inc. (OTCMKTS:JETMF – Get Free Report) traded down 4.9% during trading on Monday . The stock traded as low as $0.7225 and last traded at $0.7225. 55,128 shares were traded during mid-day trading, an increase of 22% from the average session volume of 45,080 shares. The stock had previously closed at $0.76.

Global Crossing Airlines Group Price Performance

The company’s fifty day moving average price is $0.72 and its 200 day moving average price is $0.61. The company has a market cap of $47.77 million, a PE ratio of -72.00 and a beta of 1.00.

Global Crossing Airlines Group (OTCMKTS:JETMF – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.06. The firm had revenue of $76.57 million during the quarter, compared to analysts’ expectations of $60.53 million.

About Global Crossing Airlines Group

(Get Free Report)

Global Crossing Airlines Group (OTCMKTS: JETMF) is an aviation holding company whose principal subsidiary, GlobalX Airlines, provides passenger charter, scheduled and ACMI (aircraft, crew, maintenance and insurance) services. The company operates a fleet of narrow-body aircraft, primarily Airbus A320‐family jets, configured to support leisure and charter markets, air-bridge operations and ad hoc charters.

The company’s main business activities include on-demand charter flights for tour operators, cruise lines and corporate clients, as well as scheduled service linking key U.S.

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