|Bid||0.0350 x 0|
|Ask||0.0400 x 0|
|Day's range||0.0362 - 0.0450|
|52-week range||0.0320 - 1.4500|
|Beta (5Y monthly)||0.54|
|PE ratio (TTM)||N/A|
|Earnings date||30 Jul 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||0.29|
The Fastjet (LON:FJET) share price has risen by 100.0% over the past month and it’s currently trading at 0.16399. For investors considering whether to buy, hol...
Fastjet said if the restructuring plans do not pan out by the end of February, the Africa-focussed company would not be able to continue trading as a going concern. The proposals come after Fastjet lost its Chief Executive Officer Nico Bezuidenhout - a turnaround specialist - to South Africa's Mango Airlines in July. Bezuidenhout had been instrumental in reviving Fastjet's fortunes and shore up its dwindling cash pile, as it was saved from going under after striking a deal to raise funds late last year.
London's FTSE 100 hit a near four-month high on Wednesday as recent risk-on sentiment was bolstered after U.S. President Donald Trump said Washington and Beijing were close to a "phase one" trade deal, while an impressive forecast lifted BAT shares. The FTSE 250 index of midcap companies also rose 0.4%, closing at its highest since July, 2018, as hopes of an end to the Brexit saga through an election attracted traders to the domestic stocks.