Ryanair (NASDAQ:RYAAY) Shares Gap Down to $141.34

Ryanair Holdings plc (NASDAQ:RYAAY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $141.34, but opened at $133.09. Ryanair shares last traded at $133.22, with a volume of 97,466 shares changing hands.

Analysts Set New Price Targets

Separately, Evercore ISI boosted their price target on shares of Ryanair from $145.00 to $155.00 and gave the stock an “in-line” rating in a research report on Thursday, April 4th. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $158.50.

Ryanair Stock Performance

The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.32. The firm has a 50 day moving average of $140.99 and a 200-day moving average of $129.48. The company has a market cap of $29.68 billion, a P/E ratio of 13.41, a PEG ratio of 0.71 and a beta of 1.59.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC lifted its holdings in shares of Ryanair by 44.9% during the 1st quarter. GAMMA Investing LLC now owns 242 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 75 shares during the last quarter. Contravisory Investment Management Inc. boosted its stake in Ryanair by 4.8% in the 4th quarter. Contravisory Investment Management Inc. now owns 1,840 shares of the transportation company’s stock worth $245,000 after purchasing an additional 85 shares in the last quarter. Gallacher Capital Management LLC increased its stake in Ryanair by 3.3% during the 3rd quarter. Gallacher Capital Management LLC now owns 4,043 shares of the transportation company’s stock valued at $393,000 after purchasing an additional 128 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its stake in shares of Ryanair by 25.8% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 912 shares of the transportation company’s stock worth $133,000 after buying an additional 187 shares during the period. Finally, Verdence Capital Advisors LLC grew its holdings in shares of Ryanair by 2.5% during the first quarter. Verdence Capital Advisors LLC now owns 8,795 shares of the transportation company’s stock valued at $1,280,000 after buying an additional 211 shares during the last quarter. 43.66% of the stock is currently 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, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.