Global Crossing Airlines Group (CVE:JET) Trading Down 4.9% – Time to Sell?

Global Crossing Airlines Group Inc. (CVE:JET – Get Free Report) shares were down 4.9% during mid-day trading on Wednesday . The company traded as low as C$1.36 and last traded at C$1.36. 10,010 shares were traded during mid-day trading, a decline of 11% from the average session volume of 11,289 shares. The stock had previously closed at C$1.43.

Global Crossing Airlines Group Price Performance

The company has a market capitalization of C$63.25 million and a P/E ratio of -2.57. The company has a debt-to-equity ratio of 105.95, a current ratio of 1.18 and a quick ratio of 1.03. The firm’s 50-day moving average is C$1.36 and its 200-day moving average is C$1.36.

About Global Crossing Airlines Group

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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.

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