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 insider 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.
