Jet Airways shares rise 7 percent


Jet Airways shares rise 7 percent
Bangalore: Jet Airways stock was among the top gainers after its price went up by 7 percent. After opening the day at 599, the stock touched its 52 week high of 649.50, before closing trade at 596.40, with a gain of 7.03 percent. Through the day, 7,97,330 Jet Airways shares were traded in the market with the current P/E ratio of the stock at 20.49. The 52 week stock price chart is on the left. JetBlue Airways (JetBlue) is a passenger airline that operates primarily on point-to-point routes with its fleet of 110 Airbus A320 aircraft and 41 EMBRAER 190 aircraft. Most of the Company's flights have as an origin or destination one of its focus cities: Boston, Fort Lauderdale, Los Angeles/Long Beach, New York/John F. Kennedy International Airport (JFK), or Orlando. As of December 31, 2009, the company operated on average 600 daily flights. As of December 31, 2009, it served 60 destinations in 20 states, Puerto Rico, and 11 countries in the Caribbean and Latin America. Currently, 9 analysts are following the stock. 4 out of them are recommending to buy the stock. According to consensus recommendation, the stock will outperform.