Jet.AI Inc (JTAI) latest performance of 1.52% is not what was on cards

As on Wednesday, Jet.AI Inc (NASDAQ: JTAI) got off with the flyer as it spiked 1.52% to $0.13, before settling in for the price of $0.13 at the close. Taking a more long-term approach, JTAI posted a 52-week range of $0.12-$4.47.

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It was noted that the giant of the Technology sector posted annual sales growth of -22.07% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is -18.92%. This publicly-traded company’s shares outstanding now amounts to $24.58 million, simultaneously with a float of $13.22 million. The organization now has a market capitalization sitting at $3.13 million. At the time of writing, stock’s 50-day Moving Average stood at $0.2520, while the 200-day Moving Average is $0.8465.

Jet.AI Inc (JTAI) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Software – Application industry. Jet.AI Inc’s current insider ownership accounts for 46.21%, in contrast to 2.79% institutional ownership.

Jet.AI Inc (JTAI) Earnings and Revenue Records

Jet.AI Inc’s EPS decrease for this current 12-month fiscal period is -18.92% and is forecasted to reach -0.19 in the upcoming year.

Jet.AI Inc (NASDAQ: JTAI) Trading Performance Indicators

Let’s observe the current performance indicators for Jet.AI Inc (JTAI). It’s Quick Ratio in the last reported quarter now stands at 0.33. The Stock has managed to achieve an average true range (ATR) of 0.03. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.22.

In the same vein, JTAI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.48, a figure that is expected to reach -0.05 in the next quarter, and analysts are predicting that it will be -0.19 at the market close of one year from today.

Technical Analysis of Jet.AI Inc (JTAI)

Through scrutinizing the latest numbers posted by the [Jet.AI Inc, JTAI], it can be observed that its last 5-days Average volume of 1.58 million was better the volume of 1.57 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 11.48% While, its Average True Range was 0.0231.

Raw Stochastic average of Jet.AI Inc (JTAI) in the period of the previous 100 days is set at 2.33%, which indicates a major fall in contrast to 14.68% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 82.94% that was lower than 96.07% volatility it exhibited in the past 100-days period.