On Monday, Joby Aviation Inc (NYSE: JOBY) opened lower -3.64% from the last session, before settling in for the closing price of $5.22. Price fluctuations for JOBY have ranged from $4.50 to $7.69 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 13.02% at the time writing. With a float of $391.84 million, this company’s outstanding shares have now reached $698.26 million.
Let’s look at the performance matrix of the company that is accounted for 1777 employees.
Joby Aviation Inc (JOBY) Insider Updates
A key investor’s attitude towards the stock of the Airports & Air Services industry is another important factor to consider. The insider ownership of Joby Aviation Inc is 45.28%, while institutional ownership is 32.26%. The most recent insider transaction that took place on Sep 30 ’24, was worth 869,997. Before that another transaction happened on Sep 23 ’24, when Company’s See Remarks sold 26,775 for $5.14, making the entire transaction worth $137,624. This insider now owns 18,035 shares in total.
Joby Aviation Inc (JOBY) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.18) by 0.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.02% per share during the next fiscal year.
Joby Aviation Inc (NYSE: JOBY) Trading Performance Indicators
Check out the current performance indicators for Joby Aviation Inc (JOBY). In the past quarter, the stock posted a quick ratio of 19.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3335.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.48, a number that is poised to hit -0.20 in the next quarter and is forecasted to reach -0.82 in one year’s time.
Technical Analysis of Joby Aviation Inc (JOBY)
Joby Aviation Inc (NYSE: JOBY) saw its 5-day average volume 5.53 million, a positive change from its year-to-date volume of 5.51 million. As of the previous 9 days, the stock’s Stochastic %D was 24.00%. Additionally, its Average True Range was 0.23.
During the past 100 days, Joby Aviation Inc’s (JOBY) raw stochastic average was set at 12.21%, which indicates a significant increase from 6.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.20% in the past 14 days, which was lower than the 61.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.29, while its 200-day Moving Average is $5.45. Nevertheless, the first resistance level for the watch stands at $5.17 in the near term. At $5.30, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.38. If the price goes on to break the first support level at $4.95, it is likely to go to the next support level at $4.86. Assuming the price breaks the second support level, the third support level stands at $4.73.
Joby Aviation Inc (NYSE: JOBY) Key Stats
There are currently 708,441K shares outstanding in the company with a market cap of 3.60 billion. Presently, the company’s annual sales total 1,030 K according to its annual income of -513,050 K. Last quarter, the company’s sales amounted to 30 K and its income totaled -123,290 K.
