Global Crossing Airlines Group (OTCMKTS:JETMF) Stock Rating Upgraded by Zacks Research

Global Crossing Airlines Group (OTCMKTS:JETMF) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Wednesday, Zacks reports.

Global Crossing Airlines Group Stock Performance

OTCMKTS:JETMF opened at $0.54 on Wednesday. The stock’s fifty day moving average price is $0.59 and its two-hundred day moving average price is $0.64. Global Crossing Airlines Group has a 1 year low of $0.38 and a 1 year high of $0.87.

Global Crossing Airlines Group (OTCMKTS:JETMF) last posted its quarterly earnings results on Wednesday, August 12th. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). The firm had revenue of $62.02 million during the quarter, compared to analysts’ expectations of $67.11 million. On average, analysts expect that Global Crossing Airlines Group will post 0.06 EPS for the current year.

Global Crossing Airlines Group Company Profile

Global Crossing Airlines Group, Inc, operating as GlobalX, is a U.S. charter airline based in Miami, Florida. The company provides passenger and cargo air transportation services, with an emphasis on charter operations and aircraft, crew, maintenance and insurance (ACMI) wet-lease arrangements.

GlobalX operates Airbus A320-family aircraft and serves a range of customers, including tour operators, other airlines, professional sports organizations, government agencies, military and humanitarian organizations, and cargo customers.