Jetblue Airways Corp (NASDAQ: JBLU) kicked off on Friday, remained unchanged from the previous trading day, before settling in for the closing price of $7.11. Over the past 52 weeks, JBLU has traded in a range of $3.42-$9.45.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 20.61%. While this was happening, its average annual earnings per share was recorded -61.25%. With a float of $337.85 million, this company’s outstanding shares have now reached $339.00 million.
Jetblue Airways Corp (JBLU) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Airlines Industry. The insider ownership of Jetblue Airways Corp is 0.42%, while institutional ownership is 79.79%. The most recent insider transaction that took place on Aug 18 ’23, was worth 75,432. In this transaction Principal Accounting Officer of this company sold 11,879 shares at a rate of $6.35, taking the stock ownership to the 0 shares.
Jetblue Airways Corp (JBLU) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 7.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -61.25% per share during the next fiscal year.
Jetblue Airways Corp (NASDAQ: JBLU) Trading Performance Indicators
Take a look at Jetblue Airways Corp’s (JBLU) current performance indicators. Last quarter, stock had a quick ratio of 0.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.94, a number that is poised to hit -0.52 in the next quarter and is forecasted to reach 0.01 in one year’s time.
Technical Analysis of Jetblue Airways Corp (JBLU)
The latest stats from [Jetblue Airways Corp, JBLU] show that its last 5-days average volume of 14.6 million was inferior to 16.54 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 62.21%. Additionally, its Average True Range was 0.33.
During the past 100 days, Jetblue Airways Corp’s (JBLU) raw stochastic average was set at 87.25%, which indicates a significant increase from 69.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.34% in the past 14 days, which was lower than the 65.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.88, while its 200-day Moving Average is $5.87. Now, the first resistance to watch is $7.24. This is followed by the second major resistance level at $7.37. The third major resistance level sits at $7.50. If the price goes on to break the first support level at $6.99, it is likely to go to the next support level at $6.86. The third support level lies at $6.73 if the price breaches the second support level.
Jetblue Airways Corp (NASDAQ: JBLU) Key Stats
The company with the Market Capitalisation of 2.41 billion has total of 340,135K Shares Outstanding. Its annual sales at the moment are 9,615 M in contrast with the sum of -310,000 K annual income. Company’s last quarter sales were recorded 2,324 M and last quarter income was -103,000 K.
