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In the latest session, Joby Aviation Inc (NYSE: JOBY) closed at $7.85 down -3.21% from its previous closing price of $8.11. In other words, the price has decreased by -$3.21 from its previous closing price. On the day, 20.47 million shares were traded. JOBY stock price reached its highest trading level at $8.218 during the session, while it also had its lowest trading level at $7.44.
Ratios:
For a deeper understanding of Joby Aviation Inc’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 25 ’24 when Bowles Gregory sold 7,748 shares for $8.08 per share. The transaction valued at 62,635 led to the insider holds 29,235 shares of the business.
Papadopoulos Didier sold 1,835 shares of JOBY for $14,680 on Nov 25 ’24. The President of Aircraft OEM now owns 49,140 shares after completing the transaction at $8.00 per share. On Nov 25 ’24, another insider, DIDIER PAPADOPOULOS, who serves as the Officer of the company, bought 1,835 shares for $7.09 each.
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 6005925376 and an Enterprise Value of 5331949568. For the stock, the TTM Price-to-Sale (P/S) ratio is 5410.74 while its Price-to-Book (P/B) ratio in mrq is 7.21. Its current Enterprise Value per Revenue stands at 4790.611 whereas that against EBITDA is -9.858.
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 33.09%, while the 200-Day Moving Average is calculated to be 45.08%.
Shares Statistics:
For the past three months, JOBY has traded an average of 15.10M shares per day and 24825540 over the past ten days. A total of 717.09M shares are outstanding, with a floating share count of 435.70M. Insiders hold about 43.05% of the company’s shares, while institutions hold 29.75% stake in the company. Shares short for JOBY as of 1731628800 were 73190684 with a Short Ratio of 4.85, compared to 1728950400 on 75075725. Therefore, it implies a Short% of Shares Outstanding of 73190684 and a Short% of Float of 15.98.
