Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Jetblue Airways Corp’s stock clocked out at $7.69, up 2.40% from its previous closing price of $7.51. In other words, the price has increased by $2.40 from its previous closing price. On the day, 16.26 million shares were traded. JBLU stock price reached its highest trading level at $7.9 during the session, while it also had its lowest trading level at $7.54.
Ratios:
To gain a deeper understanding of JBLU’s stock, we examine 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.
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 2667484160 and an Enterprise Value of 7500482048. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 0.804 whereas that against EBITDA is 17.203.
Stock Price History:
The Beta on a monthly basis for JBLU is 1.85, which has changed by 0.4526112 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, JBLU has reached a high of $8.28, while it has fallen to a 52-week low of $4.49. The 50-Day Moving Average of the stock is 14.36%, while the 200-Day Moving Average is calculated to be 23.98%.
Shares Statistics:
It appears that JBLU traded 18.12M shares on average per day over the past three months and 14572780 shares per day over the past ten days. A total of 347.00M shares are outstanding, with a floating share count of 292.94M. Insiders hold about 15.55% of the company’s shares, while institutions hold 76.78% stake in the company. Shares short for JBLU as of 1734048000 were 51657062 with a Short Ratio of 2.85, compared to 1731628800 on 44842625. Therefore, it implies a Short% of Shares Outstanding of 51657062 and a Short% of Float of 21.360001.
