Ryanair’s share price has fallen back below €20 and reached €19.50 at one stage on Friday before recovering to €19.605, down by approximately 2.9pc in the latest in a series of price drops.
On the NASDAQ the share price was down 1.83pc to $43.42. Market capitalisation, which passed $30bn on March 24 2024 is back to $23.1bn,
Last August the price dropped to €13.51. Analysts have pointed out the airline’s considerable exposure to Boeing and is affected by carbon emission regulation challenges.
Ryanair’s trailing P/E ratio stands at 13.82, while its forward P/E ratio is 11.95. The company offers a dividend rate of $0.94, with a yield of 2.07pc and a payout ratio of around 23.56pc.
Institutional investors represent approximately 45.54pc of Ryanair’s shares, reflecting considerable confidence from major shareholders.
