Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Joby Aviation Inc (NYSE: JOBY) closed the day trading at $7.96 down -8.92% from the previous closing price of $8.74. In other words, the price has decreased by -$8.92 from its previous closing price. On the day, 19.97 million shares were traded. JOBY stock price reached its highest trading level at $8.4 during the session, while it also had its lowest trading level at $7.73.
Ratios:
For a better understanding of JOBY, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 16.12 and its Current Ratio is at 16.12. In the meantime, Its Debt-to-Equity ratio is 0.04 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 the company, JP Morgan on January 10, 2025, Downgraded its rating to Underweight and sets its target price to $6 from $5 previously.
On November 19, 2024, Needham started tracking the stock assigning a Buy rating and target price of $8.
On September 03, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $9.H.C. Wainwright initiated its Buy rating on September 03, 2024, with a $9 target price.
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 Jan 13 ’25 when Eric Allison bought 21,007 shares for $8.10 per share.
Katherine Dehoff bought 6,205 shares of JOBY for $50,257 on Jan 13 ’25. On Jan 13 ’25, another insider, SCIARRA MANAGEMENT TRUST U/A D, who serves as the Director of the company, bought 333,332 shares for $8.74 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 6686845952 and an Enterprise Value of 5416109056. For the stock, the TTM Price-to-Sale (P/S) ratio is 5486.56 while its Price-to-Book (P/B) ratio in mrq is 7.31. Its current Enterprise Value per Revenue stands at 4866.226 whereas that against EBITDA is -10.013.
Stock Price History:
The Beta on a monthly basis for JOBY is 2.31, which has changed by 0.53602815 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, JOBY has reached a high of $10.72, while it has fallen to a 52-week low of $4.50. The 50-Day Moving Average of the stock is 7.41%, while the 200-Day Moving Average is calculated to be 37.12%.
Shares Statistics:
Over the past 3-months, JOBY traded about 19.51M shares per day on average, while over the past 10 days, JOBY traded about 19569260 shares per day. A total of 717.09M shares are outstanding, with a floating share count of 439.95M. Insiders hold about 42.50% of the company’s shares, while institutions hold 29.78% stake in the company. Shares short for JOBY as of 1734048000 were 72187707 with a Short Ratio of 3.39, compared to 1731628800 on 73190684. Therefore, it implies a Short% of Shares Outstanding of 72187707 and a Short% of Float of 15.76.
