Ryanair Holdings plc Sees Large Increase in Short Interest (RYAAY)
Shares of Ryanair Holdings plc (NASDAQ:RYAAY) were the target of a large increase in short interest in the month of May. As of May 30th, there was short interest totalling 887,366 shares, an increase of 35.7% from the May 15th total of 653,896 shares, Analyst Ratings.Net reports. Based on an average trading volume of 390,193 shares, the short-interest ratio is presently 2.3 days. Approximately 0.0% of the shares of the stock are short sold.
A number of research firms have recently commented on RYAAY. Analysts at Raymond James downgraded shares of Ryanair Holdings plc from a “strong-buy” rating to a “market perform” rating in a research note on Monday, May 5th. Separately, analysts at Kepler Capital Markets downgraded shares of Ryanair Holdings plc to a “hold” rating in a research note on Tuesday, April 29th. Finally, analysts at Barclays upgraded shares of Ryanair Holdings plc from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, April 9th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $41.98.
Shares of Ryanair Holdings plc (NASDAQ:RYAAY) opened at 55.75 on Wednesday. Ryanair Holdings plc has a 52 week low of $41.07 and a 52 week high of $62.00. The stock’s 50-day moving average is $54.92 and its 200-day moving average is $53.34. The company has a market cap of $15.424 billion and a price-to-earnings ratio of 22.18.
Ryanair Holdings plc (NASDAQ:RYAAY) last issued its quarterly earnings data on Monday, May 19th. The company reported ($0.19) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.27 by $0.46. On average, analysts predict that Ryanair Holdings plc will post $3.09 earnings per share for the current fiscal year.
Ryanair Holdings plc (NASDAQ:RYAAY) is the holding company for Ryanair Limited (Ryanair).
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