Market Momentum Report: Joby Aviation Inc (JOBY)’s Negative Close at 6.02

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

The price of Joby Aviation Inc (NYSE: JOBY) closed at $6.02 in the last session, down -3.83% from day before closing price of $6.26. In other words, the price has decreased by -$3.83 from its previous closing price. On the day, 12.46 million shares were traded. JOBY stock price reached its highest trading level at $6.115 during the session, while it also had its lowest trading level at $5.775.

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 20.14 and its Current Ratio is at 20.14. 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 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:

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 Apr 08 ’25 when DeHoff Kate sold 1,122 shares for $5.79 per share. The transaction valued at 6,496 led to the insider holds 221,334 shares of the business.

Bowles Gregory sold 9,848 shares of JOBY for $56,724 on Apr 09 ’25. The insider now owns 153,280 shares after completing the transaction at $5.76 per share. On Apr 08 ’25, another insider, Bowles Gregory, who serves as the insider of the company, sold 832 shares for $5.79 each. As a result, the insider received 4,817 and left with 163,128 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 4742658560 and an Enterprise Value of 3327494656. For the stock, the TTM Price-to-Sale (P/S) ratio is 33876.10 while its Price-to-Book (P/B) ratio in mrq is 5.17. Its current Enterprise Value per Revenue stands at 24466.873 whereas that against EBITDA is -5.929.

Stock Price History:

The Beta on a monthly basis for JOBY is 2.31, which has changed by 0.30303025 over the last 52 weeks, in comparison to a change of 0.028231144 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 -11.08%, while the 200-Day Moving Average is calculated to be -6.51%.

Shares Statistics:

According to the various share statistics, JOBY traded on average about 12.20M shares per day over the past 3-months and 13760470 shares per day over the past 10 days. A total of 784.18M shares are outstanding, with a floating share count of 432.41M. Insiders hold about 45.11% of the company’s shares, while institutions hold 32.19% stake in the company. Shares short for JOBY as of 1741910400 were 63818048 with a Short Ratio of 5.72, compared to 1739491200 on 63648631. Therefore, it implies a Short% of Shares Outstanding of 63818048 and a Short% of Float of 13.270001.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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