Fastjet (LON:FJET) Stock Price Crosses Above 50 Day Moving Average of $1.44

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Fastjet PLC (LON:FJET)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.44 and traded as high as $1.40. Fastjet shares last traded at $1.40, with a volume of 114,236 shares trading hands.

The firm’s 50 day moving average price is GBX 1.44 and its two-hundred day moving average price is GBX 1.51. The company has a market cap of $54.16 million and a P/E ratio of -0.62. The company has a debt-to-equity ratio of 81.90, a quick ratio of 0.47 and a current ratio of 0.48.

Fastjet Company Profile (LON:FJET)

fastjet Plc provides passenger airline services in Africa. The company was formerly known as Rubicon Diversified Investments Plc and changed its name to fastjet Plc in August 2012. fastjet Plc was incorporated in 2006 and is headquartered in London, the United Kingdom.

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