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After finishing at $6.80 in the prior trading day, Jetblue Airways Corp (NASDAQ: JBLU) closed at $6.72, down -1.18%. In other words, the price has decreased by -$1.18 from its previous closing price. On the day, 8.98 million shares were traded. JBLU stock price reached its highest trading level at $6.82 during the session, while it also had its lowest trading level at $6.6.
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 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 the company, BofA Securities on September 09, 2024, Upgraded its rating to Neutral and sets its target price to $6 from $3 previously.
On September 06, 2024, TD Cowen reiterated its Hold rating and also lowered its target price recommendation from $5 to $6.
TD Cowen reiterated its Hold rating for the stock on August 15, 2024, while the target price for the stock was revised from $6 to $5.
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 2330717696 and an Enterprise Value of 6839718400. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 0.734 whereas that against EBITDA is 21.852.
Stock Price History:
Over the past 52 weeks, JBLU has reached a high of $7.65, while it has fallen to a 52-week low of $3.42. The 50-Day Moving Average of the stock is 18.45%, while the 200-Day Moving Average is calculated to be 12.22%.
Shares Statistics:
The stock has traded on average 17.80M shares per day over the past 3-months and 16081150 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 310.63M. Insiders hold about 10.44% of the company’s shares, while institutions hold 79.11% stake in the company. Shares short for JBLU as of 1727654400 were 53955364 with a Short Ratio of 3.03, compared to 1724976000 on 69075551. Therefore, it implies a Short% of Shares Outstanding of 53955364 and a Short% of Float of 22.309999.
