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The price of Joby Aviation Inc (NYSE: JOBY) closed at $5.69 in the last session, up 3.64% from day before closing price of $5.49. In other words, the price has increased by $3.64 from its previous closing price. On the day, 4.55 million shares were traded. JOBY stock price reached its highest trading level at $5.7 during the session, while it also had its lowest trading level at $5.41.
Ratios:
We take a closer look at JOBY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 19.87 and its Current Ratio is at 19.87. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on September 03, 2024, initiated with a Buy rating and assigned the stock a target price of $9.
On May 03, 2024, JP Morgan Upgraded its rating to Neutral which previously was Underweight but kept the price unchanged to $5.
JP Morgan Downgraded its Neutral to Underweight on July 19, 2023, whereas the target price for the stock was revised from $5 to $6.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 14 ’24 when Eric Allison bought 33,924 shares for $5.69 per share.
Katherine DeHoff bought 8,413 shares of JOBY for $47,870 on Oct 14 ’24. On Oct 04 ’24, another insider, Field Matthew, who serves as the insider of the company, sold 11,764 shares for $5.78 each. As a result, the insider received 67,996 and left with 298,786 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JOBY now has a Market Capitalization of 4074853632 and an Enterprise Value of 3284438784. For the stock, the TTM Price-to-Sale (P/S) ratio is 3773.00 while its Price-to-Book (P/B) ratio in mrq is 4.54. Its current Enterprise Value per Revenue stands at 3027.133 whereas that against EBITDA is -6.397.
Stock Price History:
Over the past 52 weeks, JOBY has reached a high of $7.69, while it has fallen to a 52-week low of $4.50. The 50-Day Moving Average of the stock is 9.36%, while the 200-Day Moving Average is calculated to be 5.45%.
Shares Statistics:
According to the various share statistics, JOBY traded on average about 8.14M shares per day over the past 3-months and 16581290 shares per day over the past 10 days. A total of 698.26M shares are outstanding, with a floating share count of 386.02M. Insiders hold about 46.10% of the company’s shares, while institutions hold 32.21% stake in the company. Shares short for JOBY as of 1727654400 were 70741011 with a Short Ratio of 8.69, compared to 1724976000 on 75870840. Therefore, it implies a Short% of Shares Outstanding of 70741011 and a Short% of Float of 17.29.
