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The price of Joby Aviation Inc (NYSE: JOBY) closed at $5.16 in the last session, down -14.57% from day before closing price of $6.04. In other words, the price has decreased by -$14.57 from its previous closing price. On the day, 80.94 million shares were traded. JOBY stock price reached its highest trading level at $5.34 during the session, while it also had its lowest trading level at $5.07.
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 Oct 16 ’24 when DeHoff Kate sold 27,898 shares for $5.50 per share. The transaction valued at 153,439 led to the insider holds 199,413 shares of the business.
KATE DEHOFF bought 27,898 shares of JOBY for $151,207 on Oct 16 ’24. On Oct 14 ’24, another insider, Allison Eric, who serves as the Chief Product Officer of the company, sold 27,817 shares for $5.56 each. As a result, the insider received 154,663 and left with 463,151 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 4468730368 and an Enterprise Value of 2904883200. For the stock, the TTM Price-to-Sale (P/S) ratio is 3421.56 while its Price-to-Book (P/B) ratio in mrq is 4.12. Its current Enterprise Value per Revenue stands at 2677.312 whereas that against EBITDA is -5.658.
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 -3.09%, while the 200-Day Moving Average is calculated to be -3.78%.
Shares Statistics:
According to the various share statistics, JOBY traded on average about 7.95M shares per day over the past 3-months and 18098220 shares per day over the past 10 days. A total of 698.26M shares are outstanding, with a floating share count of 386.01M. Insiders hold about 46.10% of the company’s shares, while institutions hold 32.21% stake in the company. Shares short for JOBY as of 1728950400 were 75075725 with a Short Ratio of 9.44, compared to 1726185600 on 70935574. Therefore, it implies a Short% of Shares Outstanding of 75075725 and a Short% of Float of 18.35.
