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The closing price of Jetblue Airways Corp (NASDAQ: JBLU) was $4.85 for the day, up 1.46% from the previous closing price of $4.78. In other words, the price has increased by $1.46 from its previous closing price. On the day, 14.7 million shares were traded. JBLU stock price reached its highest trading level at $4.85 during the session, while it also had its lowest trading level at $4.684.
Ratios:
Our analysis of JBLU’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.54. In the meantime, Its Debt-to-Equity ratio is 2.23 whereas as Long-Term Debt/Eq ratio is at 2.06.
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 August 15, 2024, Reiterated its Hold rating but revised its target price to $5 from $6 previously.
On July 31, 2024, TD Cowen reiterated its Hold rating and also lowered its target price recommendation from $4 to $6.
TD Cowen reiterated its Hold rating for the stock on July 17, 2024, while the target price for the stock was revised from $6 to $4.
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 1682140032 and an Enterprise Value of 6191140864. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 0.665 whereas that against EBITDA is 19.78.
Stock Price History:
Over the past 52 weeks, JBLU has reached a high of $7.58, while it has fallen to a 52-week low of $3.42. The 50-Day Moving Average of the stock is -14.40%, while the 200-Day Moving Average is calculated to be -16.36%.
Shares Statistics:
JBLU traded an average of 14.42M shares per day over the past three months and 18744490 shares per day over the past ten days. A total of 339.00M shares are outstanding, with a floating share count of 313.02M. Insiders hold about 9.24% of the company’s shares, while institutions hold 79.09% stake in the company. Shares short for JBLU as of 1722384000 were 46325518 with a Short Ratio of 3.21, compared to 1719532800 on 44043244. Therefore, it implies a Short% of Shares Outstanding of 46325518 and a Short% of Float of 19.16.
