Ryanair Stock Declines: RYAAY Shares Lose Ground in Afternoon Trade
April 4th, 2024 – Shares of European budget airline Ryanair Holdings PLC (NASDAQ: RYAAY) are trading lower during the US session today. As of 3:42 pm GMT-4, the stock price was quoted at 40.46 USD.
This represents a decline of 1.47 points, or 3.49%, for the trading day. The current price is notably below the previous closing value of 41.92 USD.
Ryanair shares opened the session at 41.19 USD and reached an intraday high of 41.57 USD. However, selling pressure emerged, pushing the stock down to a daily low of 39.95 USD before showing a slight recovery towards the reporting time.
The intraday chart indicates a volatile session, with the stock experiencing dips and partial recoveries but ultimately trending lower through the afternoon hours.
This current price positions RYAAY well below its 52-week high of 60.29 USD, though it remains above the 52-week low of 36.96 USD.
Other financial data points noted include a Price-to-Earnings (P/E) ratio of 12.26 and a dividend yield of 2.13%. Investors continue to monitor the airline sector and RYAAY’s performance.
