Jet2 (OTCMKTS:DRTGF) Trading Up 4% – Still a Buy?
by Doug Wharley · The Cerbat GemJet2 plc (OTCMKTS:DRTGF – Get Free Report)’s stock price shot up 4% on Monday . The company traded as high as $17.73 and last traded at $17.6952. 950 shares traded hands during trading, a decline of 85% from the average session volume of 6,260 shares. The stock had previously closed at $17.0150.
Wall Street Analyst Weigh In
A number of research firms have weighed in on DRTGF. Deutsche Bank Aktiengesellschaft downgraded Jet2 from a “buy” rating to a “hold” rating in a research report on Thursday, April 30th. Royal Bank Of Canada restated an “outperform” rating on shares of Jet2 in a research note on Thursday, April 30th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy”.
Jet2 Stock Up 4.0%
The business has a fifty day simple moving average of $15.64 and a 200 day simple moving average of $16.60.
Jet2 Company Profile
Jet2 plc, trading on the OTC Markets under the symbol DRTGF, is a UK-based leisure airline and holiday provider. Through its subsidiaries Jet2.com and Jet2holidays, the company operates scheduled low-cost flights and packages to popular holiday destinations across Europe. The group serves leisure travelers primarily from the United Kingdom, offering one-way and return flights alongside tailored package deals that combine flights, accommodation, transfers, and additional services.
The core of Jet2’s operations is its scheduled passenger airline, Jet2.com, which flies from more than a dozen UK airports including Birmingham, Manchester and London Stansted.