A new trading day began on Monday, with Joby Aviation Inc (NYSE: JOBY) stock price down -2.14% from the previous day of trading, before settling in for the closing price of $5.61. JOBY’s price has ranged from $4.50 to $7.69 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged 12.48%. With a float of $386.01 million, this company’s outstanding shares have now reached $698.26 million.
Considering the fact that the conglomerate employs 1777 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -2977.42%, operating margin of -90134.84%, and the pretax margin is -30540.28%.
Joby Aviation Inc (JOBY) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Airports & Air Services Industry. The insider ownership of Joby Aviation Inc is 46.10%, while institutional ownership is 32.21%. The most recent insider transaction that took place on Oct 16 ’24, was worth 153,439. In this transaction an insider of this company sold 27,898 shares at a rate of $5.50, taking the stock ownership to the 199,413 shares. Before that another transaction happened on Oct 16 ’24, when Company’s Officer proposed sale 27,898 for $5.42, making the entire transaction worth $151,207.
Joby Aviation Inc (JOBY) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 12.48% per share during the next fiscal year.
Joby Aviation Inc (NYSE: JOBY) Trading Performance Indicators
Here are Joby Aviation Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 19.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3640.38.
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 -0.75 in one year’s time.
Technical Analysis of Joby Aviation Inc (JOBY)
Compared to the last year’s volume of 6.09 million, its volume of 6.46 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 27.52%. Additionally, its Average True Range was 0.32.
During the past 100 days, Joby Aviation Inc’s (JOBY) raw stochastic average was set at 27.39%, which indicates a significant increase from 26.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 118.80% in the past 14 days, which was higher than the 72.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.26, while its 200-day Moving Average is $5.37. Nevertheless, the first resistance level for the watch stands at $5.82 in the near term. At $6.15, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.36. If the price goes on to break the first support level at $5.28, it is likely to go to the next support level at $5.07. Now, if the price goes above the second support level, the third support stands at $4.74.
Joby Aviation Inc (NYSE: JOBY) Key Stats
With a market capitalization of 3.93 billion, the company has a total of 708,441K Shares Outstanding. Currently, annual sales are 1,030 K while annual income is -513,050 K. The company’s previous quarter sales were 30 K while its latest quarter income was -123,290 K.
