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After finishing at $5.03 in the prior trading day, Joby Aviation Inc (NYSE: JOBY) closed at $4.80, down -4.57%. In other words, the price has decreased by -$4.57 from its previous closing price. On the day, 8.92 million shares were traded. JOBY stock price reached its highest trading level at $5.065 during the session, while it also had its lowest trading level at $4.78.
Ratios:
Our goal is to gain a better understanding of JOBY by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 01 ’24 when JOEBEN BEVIRT 2020 DESCENDANTS bought 50,000 shares for $5.03 per share.
THE JOBY TRUST bought 200,000 shares of JOBY for $1,006,000 on Oct 01 ’24. On Sep 30 ’24, another insider, SCIARRA MANAGEMENT TRUST , who serves as the Officer of the company, bought 166,666 shares for $5.22 each.
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 3437486336 and an Enterprise Value of 2647071744. For the stock, the TTM Price-to-Sale (P/S) ratio is 3182.84 while its Price-to-Book (P/B) ratio in mrq is 3.83. Its current Enterprise Value per Revenue stands at 2439.698 whereas that against EBITDA is -5.156.
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 -9.32%, while the 200-Day Moving Average is calculated to be -11.94%.
Shares Statistics:
The stock has traded on average 6.48M shares per day over the past 3-months and 6074700 shares per day over the last 10 days, according to various share statistics. A total of 698.26M shares are outstanding, with a floating share count of 391.84M. Insiders hold about 45.28% of the company’s shares, while institutions hold 32.26% stake in the company. Shares short for JOBY as of 1726185600 were 70935574 with a Short Ratio of 10.94, compared to 1723680000 on 79099723. Therefore, it implies a Short% of Shares Outstanding of 70935574 and a Short% of Float of 17.34.
