Ryanair (NASDAQ:RYAAY) Upgraded at BidaskClub
Other research analysts have also recently issued reports about the stock. Credit Suisse Group cut shares of Ryanair from a neutral rating to an underperform rating in a research report on Tuesday, July 23rd. Deutsche Bank upgraded shares of Ryanair from a hold rating to a buy rating in a research report on Friday, June 7th. Raymond James reduced their price target on shares of Ryanair from $80.00 to $77.00 and set an outperform rating on the stock in a research report on Thursday, July 11th. Canaccord Genuity cut shares of Ryanair from a buy rating to a hold rating in a research report on Wednesday, June 5th. Finally, Societe Generale cut shares of Ryanair from a buy rating to a hold rating in a research report on Tuesday, August 6th. Seven investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of $75.33.
Shares of RYAAY stock traded up $2.91 during trading on Tuesday, hitting $63.91. The company had a trading volume of 12,620 shares, compared to its average volume of 566,141. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.79. The stock’s 50-day moving average is $59.74 and its two-hundred day moving average is $68.17. The stock has a market capitalization of $14.49 billion, a price-to-earnings ratio of 12.46 and a beta of 0.79. Ryanair has a 52 week low of $55.75 and a 52 week high of $99.89.
Several large investors have recently added to or reduced their stakes in RYAAY. Manchester Financial Inc. purchased a new stake in Ryanair in the second quarter worth $35,000. NumerixS Investment Technologies Inc purchased a new stake in Ryanair in the second quarter worth $90,000. Westwood Holdings Group Inc. purchased a new stake in Ryanair in the second quarter worth $114,000. Huntington National Bank raised its holdings in Ryanair by 21.2% in the second quarter. Huntington National Bank now owns 2,014 shares of the transportation company’s stock worth $129,000 after purchasing an additional 352 shares in the last quarter. Finally, Tower Research Capital LLC TRC bought a new position in Ryanair in the second quarter worth $137,000. 47.17% of the stock is owned by hedge funds and other institutional investors.
Ryanair Company Profile
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.
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