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

Global Crossing Airlines Group Inc. (CVE:JET – Get Free Report) dropped 4.9% 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 Trading Down 4.9%

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