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Joby Aviation Inc (NYSE: JOBY) closed the day trading at $5.20 down -1.14% from the previous closing price of $5.26. In other words, the price has decreased by -$1.14 from its previous closing price. On the day, 5.73 million shares were traded. JOBY stock price reached its highest trading level at $5.5 during the session, while it also had its lowest trading level at $5.14.
Ratios:
For a better understanding of JOBY, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 17 ’24 when DIDIER PAPADOPOULOS bought 2,247 shares for $5.32 per share.
Papadopoulos Didier sold 6,025 shares of JOBY for $32,113 on Sep 16 ’24. The President of Aircraft OEM now owns 47,474 shares after completing the transaction at $5.33 per share. On Sep 16 ’24, another insider, Didier Papadopoulos, who serves as the Officer of the company, bought 6,025 shares for $5.33 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 3723943424 and an Enterprise Value of 2933528832. For the stock, the TTM Price-to-Sale (P/S) ratio is 3448.08 while its Price-to-Book (P/B) ratio in mrq is 4.15. Its current Enterprise Value per Revenue stands at 2703.713 whereas that against EBITDA is -5.714.
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 -5.98%, while the 200-Day Moving Average is calculated to be -5.57%.
Shares Statistics:
Over the past 3-months, JOBY traded about 6.95M shares per day on average, while over the past 10 days, JOBY traded about 4768400 shares per day. A total of 698.26M shares are outstanding, with a floating share count of 391.83M. Insiders hold about 45.29% of the company’s shares, while institutions hold 32.25% stake in the company. Shares short for JOBY as of 1724976000 were 75870840 with a Short Ratio of 10.91, compared to 1722384000 on 74114588. Therefore, it implies a Short% of Shares Outstanding of 75870840 and a Short% of Float of 18.55.
