Insider Buying: easyJet plc (LON:EZJ) Insider Buys 29 Shares of Stock

easyJet plc (LON:EZJ) insider Kenton Jarvis bought 29 shares of the stock in a transaction on Monday, February 10th. The shares were acquired at an average cost of GBX 526 ($6.61) per share, with a total value of £152.54 ($191.71).

Kenton Jarvis also recently made the following trade(s):

• On Friday, January 10th, Kenton Jarvis bought 29 shares of easyJet stock. The shares were acquired at an average cost of GBX 508 ($6.38) per share, with a total value of £147.32 ($185.15).
• On Thursday, December 19th, Kenton Jarvis sold 34,540 shares of easyJet stock. The stock was sold at an average price of GBX 568 ($7.14), for a total transaction of £196,187.20 ($246,559.26).
• On Tuesday, December 10th, Kenton Jarvis bought 26 shares of easyJet stock. The shares were acquired at an average cost of GBX 579 ($7.28) per share, with a total value of £150.54 ($189.19).

easyJet Price Performance

EZJ opened at GBX 520.80 ($6.55) on Friday. The company has a fifty day moving average price of GBX 534.79 and a two-hundred day moving average price of GBX 509.81. The company has a debt-to-equity ratio of 110.33, a quick ratio of 1.09 and a current ratio of 1.02. easyJet plc has a 52 week low of GBX 404.70 ($5.09) and a 52 week high of GBX 594 ($7.47). The firm has a market capitalization of £3.93 billion, a PE ratio of 10.51, a P/E/G ratio of 0.59 and a beta of 2.49.

easyJet (LON:EZJ) last released its earnings results on Wednesday, November 27th. The company reported GBX 61.30 ($0.77) EPS for the quarter. easyJet had a net margin of 4.27% and a return on equity of 13.89%. As a group, analysts anticipate that easyJet plc will post 67.3369565 earnings per share for the current year.

easyJet Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, March 21st. Stockholders of record on Thursday, February 20th will be issued a GBX 12.10 ($0.15) dividend. This is a positive change from easyJet’s previous dividend of $4.50. The ex-dividend date of this dividend is Thursday, February 20th. This represents a dividend yield of 2.24%. easyJet’s payout ratio is 10.09%.

easyJet Company Profile

We are a low-cost European point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares, seamlessly connecting Europe with the warmest welcome in the sky. easyJet is one of the largest airlines in the world, with 343 aircraft, operating 1,045 routes across 35 countries and 158 airports.