Here's Why You Should Retain Ryanair (RYAAY) Stock Now
Ryanair(RYAAY) ZACKS·2024-06-11 13:30
Ryanair's passenger volumes have surged over the past few months, driven by a strong rebound in air traffic from the COVID-19 lows. In fiscal 2024, traffic grew by 9% year over year. For fiscal 2025, Ryanair anticipates an 8% increase in traffic, contingent on Boeing delivering aircraft at contracted levels by year-end. Image Source: Zacks Investment Research Ryanair's current ratio (a measure of liquidity) stood at 0.91 at the end of the fourth quarter of fiscal 2024, raising liquidity concerns. A current ...