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The price of Joby Aviation Inc (NYSE: JOBY) closed at $5.05 in the last session, down -1.94% from day before closing price of $5.15. In other words, the price has decreased by -$1.94 from its previous closing price. On the day, 4.86 million shares were traded. JOBY stock price reached its highest trading level at $5.21 during the session, while it also had its lowest trading level at $5.0.
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 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:
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 Sep 23 ’24 when Bowles Gregory sold 26,775 shares for $5.14 per share. The transaction valued at 137,624 led to the insider holds 18,035 shares of the business.
GREGORY BOWLES bought 26,775 shares of JOBY for $138,159 on Sep 23 ’24. On Sep 17 ’24, another insider, Papadopoulos Didier, who serves as the President of Aircraft OEM of the company, sold 2,247 shares for $5.32 each. As a result, the insider received 11,954 and left with 45,227 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 3616522240 and an Enterprise Value of 2826107392. For the stock, the TTM Price-to-Sale (P/S) ratio is 3348.62 while its Price-to-Book (P/B) ratio in mrq is 4.03. Its current Enterprise Value per Revenue stands at 2604.707 whereas that against EBITDA is -5.504.
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 -7.26%, while the 200-Day Moving Average is calculated to be -7.81%.
Shares Statistics:
According to the various share statistics, JOBY traded on average about 6.88M shares per day over the past 3-months and 5076630 shares per day over the past 10 days. A total of 698.26M shares are outstanding, with a floating share count of 391.82M. Insiders hold about 45.29% of the company’s shares, while institutions hold 32.26% stake in the company. Shares short for JOBY as of 1724976000 were 75870840 with a Short Ratio of 10.31, compared to 1722384000 on 74114588. Therefore, it implies a Short% of Shares Outstanding of 75870840 and a Short% of Float of 18.55.
