After finishing at $0.85 in the prior trading day, Jet.AI Inc (NASDAQ: JTAI) closed at $0.85, up 0.33%. In other words, the price has increased by $+0.0028 from its previous closing price. On the day, 771778 shares were traded.
Ratios:
Our goal is to gain a better understanding of JTAI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 38.40 and its Current Ratio is at 38.40. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.08.
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 8.27M and an Enterprise Value of 9.54M. As of this moment, Jet.AI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.35. Its current Enterprise Value per Revenue stands at 0.93 whereas that against EBITDA is -0.78.
Stock Price History:
Over the past 52 weeks, JTAI has reached a high of $17.50, while it has fallen to a 52-week low of $0.76. The 50-Day Moving Average of the stock is 1.0237, while the 200-Day Moving Average is calculated to be 4.3829.
Shares Statistics:
The stock has traded on average 784.95K shares per day over the past 3-months and 356.88k shares per day over the last 10 days, according to various share statistics. A total of 11.62M shares are outstanding, with a floating share count of 5.52M. Insiders hold about 39.74% of the company’s shares, while institutions hold 11.58% stake in the company. Shares short for JTAI as of Feb 29, 2024 were 28.23k with a Short Ratio of 0.25, compared to 49.91k on Jan 31, 2024.
Earnings Estimates
Its stock is currently analyzed by 1 different market analysts. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.15 and low estimates of -$0.15.
Analysts are recommending an EPS of between -$0.41 and -$0.41 for the fiscal current year, implying an average EPS of -$0.41. EPS for the following year is -$0.5, with 1 analysts recommending between -$0.5 and -$0.5.
Revenue Estimates
Based on 1 analysts’ estimates, the company’s revenue will be $14.2M in the next fiscal year. The high estimate is $14.2M and the low estimate is $14.2M. The average revenue growth estimate for next year is up 25.70% from the average revenue estimate for this year.
