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After finishing at $4.10 in the prior trading day, Jet.AI Inc (NASDAQ: JTAI) closed at $3.75, down -8.54%. In other words, the price has decreased by -$8.54 from its previous closing price. On the day, 0.14 million shares were traded. JTAI stock price reached its highest trading level at $4.195 during the session, while it also had its lowest trading level at $3.7.
Ratios:
Our goal is to gain a better understanding of JTAI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.18 and its Current Ratio is at 0.18.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JTAI now has a Market Capitalization of 5761950 and an Enterprise Value of 3085668. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32. Its current Enterprise Value per Revenue stands at 0.213 whereas that against EBITDA is -0.225.
Stock Price History:
The Beta on a monthly basis for JTAI is -0.01, which has changed by -0.98511904 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, JTAI has reached a high of $351.00, while it has fallen to a 52-week low of $3.29. The 50-Day Moving Average of the stock is -44.89%, while the 200-Day Moving Average is calculated to be -94.73%.
Shares Statistics:
The stock has traded on average 1.22M shares per day over the past 3-months and 3825080 shares per day over the last 10 days, according to various share statistics. A total of 1.30M shares are outstanding, with a floating share count of 1.15M. Insiders hold about 11.48% of the company’s shares, while institutions hold 1.51% stake in the company. Shares short for JTAI as of 1730332800 were 48248 with a Short Ratio of 0.13, compared to 1727654400 on 7004. Therefore, it implies a Short% of Shares Outstanding of 48248 and a Short% of Float of 7.62.
Earnings Estimates
A detailed examination of Jet.AI Inc (JTAI) is currently in progress, with 1.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$1.61, with high estimates of -$1.61 and low estimates of -$1.61.
Analysts are recommending an EPS of between -$97.21 and -$97.21 for the fiscal current year, implying an average EPS of -$97.21. EPS for the following year is -$3.9, with 1.0 analysts recommending between -$3.9 and -$3.9.
Revenue Estimates
1 analysts predict $3.7M in revenue for the current quarter. It ranges from a high estimate of $3.7M to a low estimate of $3.7M. As of the current estimate, Jet.AI Inc’s year-ago sales were $4.18MFor the next quarter, 1 analysts are estimating revenue of $3.9M. There is a high estimate of $3.9M for the next quarter, whereas the lowest estimate is $3.9M.
A total of 1 analysts have provided revenue estimates for JTAI’s current fiscal year. The highest revenue estimate was $14.55M, while the lowest revenue estimate was $14.55M, resulting in an average revenue estimate of $14.55M. In the same quarter a year ago, actual revenue was $12.21MBased on 1 analysts’ estimates, the company’s revenue will be $16.01M in the next fiscal year. The high estimate is $16.01M and the low estimate is $16.01M.
