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The closing price of Jet.AI Inc (NASDAQ: JTAI) was $0.56 for the day, down -12.23% from the previous closing price of $0.64. In other words, the price has decreased by -$12.23 from its previous closing price. On the day, 0.48 million shares were traded. JTAI stock price reached its highest trading level at $0.6449 during the session, while it also had its lowest trading level at $0.56.
Ratios:
Our analysis of JTAI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.91 and its Current Ratio is at 1.91. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.01.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JTAI now has a Market Capitalization of 2372863 and an Enterprise Value of -647497. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 0.21. Its current Enterprise Value per Revenue stands at -0.061 whereas that against EBITDA is 0.059.
Stock Price History:
The Beta on a monthly basis for JTAI is -0.15, which has changed by -0.83428574 over the last 52 weeks, in comparison to a change of 0.19182634 over the same period for the S&P500. Over the past 52 weeks, JTAI has reached a high of $11.77, while it has fallen to a 52-week low of $0.52. The 50-Day Moving Average of the stock is -64.70%, while the 200-Day Moving Average is calculated to be -82.09%.
Shares Statistics:
JTAI traded an average of 553.62K shares per day over the past three months and 2726880 shares per day over the past ten days. A total of 4.23M shares are outstanding, with a floating share count of 4.17M. Insiders hold about 1.31% of the company’s shares, while institutions hold 11.32% stake in the company. Shares short for JTAI as of 1765756800 were 171338 with a Short Ratio of 0.31, compared to 1763078400 on 225592. Therefore, it implies a Short% of Shares Outstanding of 171338 and a Short% of Float of 4.0700004.
Earnings Estimates
Current recommendations for the stock of the company come from 1.0 analysts. The consensus estimate for the next quarter is -$0.14, with high estimates of -$0.14 and low estimates of -$0.14.
Analysts are recommending an EPS of between -$3.05 and -$3.05 for the fiscal current year, implying an average EPS of -$3.05. EPS for the following year is -$0.34, with 1 analysts recommending between -$0.34 and -$0.34.
Revenue Estimates
It is expected that $90B in revenue will be generated in . The current quarter, according to 1 analysts. It ranges from a high estimate of $1M to a low estimate of $1M. As of . The current estimate, Jet.AI Inc’s year-ago sales were $3.17MFor the next quarter, 1 analysts are estimating revenue of $1M. There is a high estimate of $1M for the next quarter, whereas the lowest estimate is $1M.
A total of 1 analysts have provided revenue estimates for JTAI’s current fiscal year. The highest revenue estimate was $8.41M, while the lowest revenue estimate was $8.41M, resulting in an average revenue estimate of $8.41M. In the same quarter a year ago, actual revenue was $14.02MBased on 1 analysts’ estimates, the company’s revenue will be $4.3M in the next fiscal year. The high estimate is $4.3M and the low estimate is $4.3M.
