Celer Network Trading 8.6% Lower Over Last Week (CELR) Ryanair (NASDAQ:RYAAY) Hits New 1-Year Low at $64.88 Ryanair (NASDAQ:RYAAY) Hits New 1-Year Low at $64.88 - Filed Under - by Stacy Sanders Tweet
Ryanair Holdings plc (NASDAQ:RYAAY)’s share price hit a new 52-week low during trading on Friday . The company traded as low as $64.88 and last traded at $65.10, with a volume of 120191 shares changing hands. The stock had previously closed at $66.19.
RYAAY has been the subject of a number of research analyst reports. Societe Generale raised Ryanair from a “hold” rating to a “buy” rating in a report on Tuesday, February 19th. HSBC cut Ryanair from a “hold” rating to a “reduce” rating in a report on Wednesday, May 22nd. BidaskClub cut Ryanair from a “hold” rating to a “sell” rating in a report on Wednesday, May 8th. Deutsche Bank raised Ryanair from a “hold” rating to a “buy” rating in a report on Friday, June 7th. Finally, Raymond James reduced their target price on Ryanair from $85.00 to $80.00 and set an “outperform” rating for the company in a report on Tuesday, May 21st. Five research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the stock. Ryanair currently has a consensus rating of “Hold” and an average price target of $76.33. Get Ryanair alerts:
The firm has a market cap of $15.50 billion, a P/E ratio of 12.70 and a beta of 0.85. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.93 and a quick ratio of 0.93. Ryanair (NASDAQ:RYAAY) last announced its earnings results on Monday, May 20th. The transportation company reported ($0.74) EPS for the quarter, missing analysts’ consensus estimates of ($0.64) by ($0.10). Ryanair had a net margin of 11.69% and a return on equity of 20.34%. The firm had revenue of $1.45 billion for the quarter. Research analysts anticipate that Ryanair Holdings plc will post 4.55 earnings per share for the current fiscal year.
Large investors have recently bought and sold shares of the stock. Pinnacle Bank acquired a new stake in shares of Ryanair in the fourth quarter valued at approximately $31,000. Coastal Investment Advisors Inc. acquired a new stake in shares of Ryanair in the first quarter valued at approximately $55,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp acquired a new stake in shares of Ryanair in the fourth quarter valued at approximately $84,000. Cresset Asset Management LLC acquired a new stake in shares of Ryanair in the first quarter valued at approximately $102,000. Finally, Quadrant Capital Group LLC increased its holdings in shares of Ryanair by 69.7% in the first quarter. Quadrant Capital Group LLC now owns 1,583 shares of the transportation company’s stock valued at $116,000 after purchasing an additional 650 shares during the last quarter. 43.06% of the stock is owned by hedge funds and other institutional investors.
About Ryanair ( NASDAQ:RYAAY )
Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, and Other European countries. The company is also involved in the provision of various ancillary services, such as non-flight scheduled services and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation services, holidays, car hire, and travel insurance through its Website. Ryanair Ryanair
