The Jet2 share price has been on a bit of a roller coaster over the past few years. After hitting an all-time high in 2015, the stock took a sharp dive in 2016 and 2017. However, things have started to turn around for Jet2 in 2018.
The stock is up almost 50% since the start of the year.
One of the main reasons for Jet2’s turnaround has been its strong performance in recent quarters. The company reported solid results for both Q3 and Q4 of 2018.
Revenue and earnings were both up significantly from the previous year. This has helped to restore investor confidence in Jet2.
The Jet2 share price has been on a rollercoaster ride over the past year. The airline stock started 2019 at around £10 per share and peaked at over £17 in May. However, the company then issued a profit warning in June, sending the share price tumbling back down to £13.
Since then, it has recovered slightly and is currently trading at around £14.
Despite the recent volatility, Jet2 remains a popular choice for holidaymakers thanks to its low prices and extensive flight network. The company is also expanding rapidly, with plans to add new routes and aircraft in the coming years.
This growth potential could make Jet2 an attractive proposition for investors looking for long-term gains.
Easyjet Share Price
If you’re looking for an easyJet share price, you’ve come to the right place. Here at Stockopedia, we provide detailed information on stocks and shares, including easyJet’s.
easyJet is a low-cost airline based in the UK.
The company was founded in 1995 by Stelios Haji-Ioannou and has since grown to become one of the largest airlines in Europe. easyJet operates over 600 routes across more than 30 countries and carries over 60 million passengers per year.
The easyJet share price is listed on the London Stock Exchange (LSE) under the ticker EZJ.
As of writing, the stock is trading at £11.62 per share, down from its 52-week high of £18.48. Despite this recent pullback, easyJet shares are up nearly 25% from their 52-week low of £9.30 reached back in March 2020 during the height of the Covid-19 pandemic selloff.
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Are Jet2 Shares a Good Buy Now?
Jet2 shares are currently trading at £12.50, down from a high of £17 in early 2020. Despite the recent share price fall, we believe that Jet2 shares are a good long-term investment. Here’s why:
The company is debt free and has a strong balance sheet. This gives it plenty of financial flexibility to weather the current storm and emerge stronger on the other side.
Jet2 has a well-established brand and a loyal customer base.
It is one of the few airlines to consistently deliver profitable growth over the last decade.
Despite the current challenges, Jet2 remains committed to its expansion plans. It recently announced plans to add new routes and aircraft to its fleet.
This shows that management is confident about the long-term prospects for the business.
In conclusion, we believe that Jet2 shares offer an attractive combination of value and growth potential.
What is the Share Price for Jet 2 Com?
The share price for jet 2 COM is currently $12.50. The company’s stock is traded on the Nasdaq Stock Market under the ticker symbol JET2.
Is Jet2 a Public Limited Company?
Yes, Jet2 is a public limited company. This means that it is a company that is owned by shareholders and that anyone can buy shares in the company. The company is also required to disclose certain financial information to the public.
Best Airline Stock Update
Conclusion
On Thursday, Jet2 shares fell by over 10% after the company announced it was grounding all flights due to the coronavirus outbreak. The move came as a surprise to investors, who had been expecting the budget airline to weather the storm.
Jet2 is the latest casualty of the coronavirus outbreak, with the budget airline suspending all flights until further notice.
The move came as a surprise to investors, who had been expecting Jet2 to weather the storm. However, with travel restrictions increasing and more countries shutting down their borders, Jet2 has been forced to ground its fleet. This is likely to have a significant impact on the company’s bottom line, and it remains to be seen how longJet2 will be able to survive this crisis.