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After finishing at $6.15 in the prior trading day, Jetblue Airways Corp (NASDAQ: JBLU) closed at $6.09, down -0.98%. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 11.73 million shares were traded. JBLU stock price reached its highest trading level at $6.22 during the session, while it also had its lowest trading level at $6.035.
Ratios:
Our goal is to gain a better understanding of JBLU by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 3.34 whereas as Long-Term Debt/Eq ratio is at 3.17.
On September 09, 2024, BofA Securities Upgraded its rating to Neutral which previously was Underperform and also upped its target price recommendation from $3 to $6.
TD Cowen reiterated its Hold rating for the stock on September 06, 2024, while the target price for the stock was revised from $5 to $6.
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 2112480896 and an Enterprise Value of 6945479168. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 0.745 whereas that against EBITDA is 15.93.
Stock Price History:
Over the past 52 weeks, JBLU has reached a high of $8.07, while it has fallen to a 52-week low of $4.10. The 50-Day Moving Average of the stock is -6.39%, while the 200-Day Moving Average is calculated to be -1.35%.
Shares Statistics:
The stock has traded on average 17.60M shares per day over the past 3-months and 20005480 shares per day over the last 10 days, according to various share statistics. A total of 339.00M shares are outstanding, with a floating share count of 310.67M. Insiders hold about 10.44% of the company’s shares, while institutions hold 81.84% stake in the company. Shares short for JBLU as of 1730332800 were 48179890 with a Short Ratio of 2.74, compared to 1727654400 on 53955364. Therefore, it implies a Short% of Shares Outstanding of 48179890 and a Short% of Float of 19.919999999999998.
