Jet.AI Inc (NASDAQ: JTAI) kicked off on Monday, down -5.82% from the previous trading day, before settling in for the closing price of $0.21. Over the past 52 weeks, JTAI has traded in a range of $0.19-$4.67.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Technology Sector giant saw their annual sales slid by -22.07% over the last five years. While this was happening, its average annual earnings per share was recorded -18.92%. With a float of $4.65 million, this company’s outstanding shares have now reached $9.75 million.
The firm has a total of 9 workers. Let’s measure their productivity. In terms of profitability, gross margin is -3.07%, operating margin of -94.71%, and the pretax margin is -95.97%.
Jet.AI Inc (JTAI) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Jet.AI Inc is 81.09%, while institutional ownership is 2.79%.
Jet.AI Inc (JTAI) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -1.23 earnings per share (EPS), lower than consensus estimate (set at -0.18) by -1.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -18.92% per share during the next fiscal year.
Jet.AI Inc (NASDAQ: JTAI) Trading Performance Indicators
Take a look at Jet.AI Inc’s (JTAI) current performance indicators. Last quarter, stock had a quick ratio of 0.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.48, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.19 in one year’s time.
Technical Analysis of Jet.AI Inc (JTAI)
Analysing the last 5-days average volume posted by the [Jet.AI Inc, JTAI], we can find that recorded value of 3.76 million was better than the volume posted last year of 1.6 million. As of the previous 9 days, the stock’s Stochastic %D was 18.14%. Additionally, its Average True Range was 0.03.
During the past 100 days, Jet.AI Inc’s (JTAI) raw stochastic average was set at 1.18%, which indicates a significant decrease from 9.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.30% in the past 14 days, which was lower than the 93.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.3152, while its 200-day Moving Average is $0.9100. Now, the first resistance to watch is $0.2045. This is followed by the second major resistance level at $0.2150. The third major resistance level sits at $0.2209. If the price goes on to break the first support level at $0.1881, it is likely to go to the next support level at $0.1822. Should the price break the second support level, the third support level stands at $0.1717.
Jet.AI Inc (NASDAQ: JTAI) Key Stats
The company with the Market Capitalisation of 4.77 million has total of 12,721K Shares Outstanding. Its annual sales at the moment are 12,210 K in contrast with the sum of -12,620 K annual income. Company’s last quarter sales were recorded 3,080 K and last quarter income was -3,220 K.
