easyjet (OTCMKTS:EJTTF) Hits New 52-Week High – Here’s What Happened

by · The Markets Daily

easyjet PLC (OTCMKTS:EJTTF – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $7.90 and last traded at $7.90, with a volume of 1001 shares traded. The stock had previously closed at $6.90.

Analyst Ratings Changes

Several equities research analysts recently commented on EJTTF shares. UBS Group lowered shares of easyjet from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 30th. Sanford C. Bernstein lowered shares of easyjet from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

View Our Latest Stock Report on EJTTF

easyjet Stock Up 19.3%

The business has a 50 day moving average price of $5.55 and a 200 day moving average price of $5.85.

About easyjet

(Get Free Report)

easyJet plc is a UK-based low-cost airline known for operating scheduled point-to-point flights across Europe, Turkey, North Africa and select destinations in the Middle East. Trading under the symbol EJTTF on the OTC Markets, the company offers no-frills air travel with a focus on affordable fares and ancillary revenues from services such as seat selection, in-flight catering and checked baggage.

Founded in 1995 by Stelios Haji-Ioannou and commencing operations in 1996, easyJet pioneered the low-cost carrier model in Europe, targeting both leisure and business travelers with a streamlined cost structure and high aircraft utilization.

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