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The closing price of Joby Aviation Inc (NYSE: JOBY) was $7.78 for the day, up 1.97% from the previous closing price of $7.63. In other words, the price has increased by $1.97 from its previous closing price. On the day, 15.43 million shares were traded. JOBY stock price reached its highest trading level at $8.0198 during the session, while it also had its lowest trading level at $7.582.
Ratios:
Our analysis of JOBY’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 16.12 and its Current Ratio is at 16.12. In the meantime, Its Debt-to-Equity ratio is 0.04 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, Needham on November 19, 2024, initiated with a Buy rating and assigned the stock a target price of $8.
On September 03, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $9.
JP Morgan Upgraded its Underweight to Neutral on May 03, 2024, while the target price for the stock was maintained at $5.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 09 ’24 when Sciarra Paul Cahill sold 333,332 shares for $8.63 per share. The transaction valued at 2,876,655 led to the insider holds 59,328,061 shares of the business.
SCIARRA MANAGEMENT TRUST U/A D bought 333,332 shares of JOBY for $2,946,655 on Dec 09 ’24. On Nov 25 ’24, another insider, Bowles Gregory, who serves as the insider of the company, sold 7,748 shares for $8.08 each. As a result, the insider received 62,635 and left with 29,235 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 5952369152 and an Enterprise Value of 5278393856. For the stock, the TTM Price-to-Sale (P/S) ratio is 5467.92 while its Price-to-Book (P/B) ratio in mrq is 7.14. Its current Enterprise Value per Revenue stands at 4742.492 whereas that against EBITDA is -9.759.
Stock Price History:
Over the past 52 weeks, JOBY has reached a high of $9.33, while it has fallen to a 52-week low of $4.50. The 50-Day Moving Average of the stock is 22.22%, while the 200-Day Moving Average is calculated to be 41.18%.
Shares Statistics:
JOBY traded an average of 16.64M shares per day over the past three months and 19343660 shares per day over the past ten days. A total of 717.09M shares are outstanding, with a floating share count of 439.88M. Insiders hold about 42.51% of the company’s shares, while institutions hold 29.75% stake in the company. Shares short for JOBY as of 1732838400 were 75898493 with a Short Ratio of 4.56, compared to 1730332800 on 78057075. Therefore, it implies a Short% of Shares Outstanding of 75898493 and a Short% of Float of 16.57.
