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The price of Jetblue Airways Corp (NASDAQ: JBLU) closed at $5.59 in the last session, up 0.54% from day before closing price of $5.56. In other words, the price has increased by $0.54 from its previous closing price. On the day, 7.93 million shares were traded. JBLU stock price reached its highest trading level at $5.625 during the session, while it also had its lowest trading level at $5.435.
Ratios:
We take a closer look at JBLU’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.54. In the meantime, Its Debt-to-Equity ratio is 2.15 whereas as Long-Term Debt/Eq ratio is at 1.98.
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, TD Cowen on April 23, 2024, Reiterated its Hold rating but revised its target price to $6 from $7 previously.
On April 18, 2024, JP Morgan Upgraded its rating to Neutral which previously was Underweight but kept the price unchanged to $7.
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 Aug 18 ’23 when Spencer Gerald Alfred sold 11,879 shares for $6.35 per share. The transaction valued at 75,432 led to the insider holds 0 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JBLU now has a Market Capitalization of 1901354752 and an Enterprise Value of 5990354944. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 0.631 whereas that against EBITDA is 11.839.
Stock Price History:
Over the past 52 weeks, JBLU has reached a high of $9.45, while it has fallen to a 52-week low of $3.42. The 50-Day Moving Average of the stock is -9.07%, while the 200-Day Moving Average is calculated to be 0.27%.
Shares Statistics:
According to the various share statistics, JBLU traded on average about 12.35M shares per day over the past 3-months and 12746660 shares per day over the past 10 days. A total of 339.00M shares are outstanding, with a floating share count of 320.64M. Insiders hold about 5.73% of the company’s shares, while institutions hold 82.53% stake in the company. Shares short for JBLU as of 1715731200 were 50781885 with a Short Ratio of 4.11, compared to 1713139200 on 49637969. Therefore, it implies a Short% of Shares Outstanding of 50781885 and a Short% of Float of 21.6.
