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The closing price of Joby Aviation Inc (NYSE: JOBY) was $5.67 for the day, down -5.18% from the previous closing price of $5.98. In other words, the price has decreased by -$5.18 from its previous closing price. On the day, 9.28 million shares were traded. JOBY stock price reached its highest trading level at $5.995 during the session, while it also had its lowest trading level at $5.61.
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 19.87 and its Current Ratio is at 19.87. In the meantime, Its Debt-to-Equity ratio is 0.03 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, H.C. Wainwright on September 03, 2024, initiated with a Buy rating and assigned the stock a target price of $9.
On May 03, 2024, JP Morgan Upgraded its rating to Neutral which previously was Underweight but kept the price unchanged to $5.
JP Morgan Downgraded its Neutral to Underweight on July 19, 2023, whereas the target price for the stock was revised from $5 to $6.
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 Oct 04 ’24 when Field Matthew sold 11,764 shares for $5.78 per share. The transaction valued at 67,996 led to the insider holds 298,786 shares of the business.
Field Matthew sold 5,643 shares of JOBY for $33,632 on Oct 07 ’24. The insider now owns 293,143 shares after completing the transaction at $5.96 per share. On Oct 07 ’24, another insider, MATTHEW FIELD, who serves as the Officer of the company, bought 5,643 shares for $5.95 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 4060530688 and an Enterprise Value of 3492120320. For the stock, the TTM Price-to-Sale (P/S) ratio is 3759.74 while its Price-to-Book (P/B) ratio in mrq is 4.52. Its current Enterprise Value per Revenue stands at 3218.544 whereas that against EBITDA is -6.802.
Stock Price History:
Over the past 52 weeks, JOBY has reached a high of $7.69, while it has fallen to a 52-week low of $4.50. The 50-Day Moving Average of the stock is 8.70%, while the 200-Day Moving Average is calculated to be 4.69%.
Shares Statistics:
JOBY traded an average of 7.96M shares per day over the past three months and 16439700 shares per day over the past ten days. A total of 698.26M shares are outstanding, with a floating share count of 386.03M. Insiders hold about 46.10% of the company’s shares, while institutions hold 32.23% stake in the company. Shares short for JOBY as of 1726185600 were 70935574 with a Short Ratio of 8.91, compared to 1723680000 on 79099723. Therefore, it implies a Short% of Shares Outstanding of 70935574 and a Short% of Float of 17.34.
