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

Global Crossing Airlines Group Inc. (CVE:JETGet Free Report) dropped 4.9% during trading on Wednesday . The stock traded as low as C$1.36 and last traded at C$1.36. Approximately 10,010 shares traded 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 Price Performance

The stock has a market cap of C$63.25 million and a PE 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 1.04. The firm’s 50 day moving average price is C$1.36 and its two-hundred day moving average price 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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