Ryanair Holdings PLC (NASDAQ:RYAAY)’s share price was down 6.1% during mid-day trading on Monday . The company traded as low as $112.50 and last traded at $113.10. Approximately 1,577,812 shares were traded during trading, an increase of 299% from the average daily volume of 395,496 shares. The stock had previously closed at $120.41.

A number of equities analysts have recently issued reports on RYAAY shares. Sanford C. Bernstein upgraded shares of Ryanair from an “underperform” rating to a “market perform” rating in a research note on Monday, January 8th. ValuEngine downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, December 15th. BidaskClub upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a research note on Tuesday, January 23rd. Citigroup started coverage on shares of Ryanair in a research note on Monday, November 20th. They set a “buy” rating on the stock. Finally, UBS Group upgraded shares of Ryanair from a “neutral” rating to a “buy” rating in a research note on Thursday, January 11th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $96.00.

The company has a market cap of $22,420.00, a P/E ratio of 15.33, a price-to-earnings-growth ratio of 0.97 and a beta of 0.64. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.79.

A number of institutional investors and hedge funds have recently made changes to their positions in RYAAY. AXA acquired a new stake in Ryanair in the third quarter valued at approximately $35,271,000. Bank of Montreal Can raised its holdings in shares of Ryanair by 625.2% in the fourth quarter. Bank of Montreal Can now owns 350,215 shares of the transportation company’s stock worth $36,489,000 after buying an additional 301,925 shares during the last quarter. Adelphi Capital LLP raised its holdings in shares of Ryanair by 31.9% in the fourth quarter. Adelphi Capital LLP now owns 611,951 shares of the transportation company’s stock worth $63,759,000 after buying an additional 147,972 shares during the last quarter. Manning & Napier Advisors LLC raised its holdings in shares of Ryanair by 26.7% in the third quarter. Manning & Napier Advisors LLC now owns 609,344 shares of the transportation company’s stock worth $64,236,000 after buying an additional 128,331 shares during the last quarter. Finally, American Century Companies Inc. raised its holdings in shares of Ryanair by 8.5% in the fourth quarter. American Century Companies Inc. now owns 1,117,286 shares of the transportation company’s stock worth $116,410,000 after buying an additional 87,170 shares during the last quarter. Institutional investors own 40.49% of the company’s stock.

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About Ryanair

Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe, Morocco and Israel. Ryanair provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food and merchandise.

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