-13.46% percent quarterly performance for Joby Aviation Inc (JOBY) is not indicative of the underlying story

On Monday, Joby Aviation Inc (NYSE: JOBY) was 2.13% up from the session before settling in for the closing price of $5.16. A 52-week range for JOBY has been $4.50 – $7.69.

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

When this article was written, the company’s average yearly earnings per share was at 12.66%. 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) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Joby Aviation Inc stocks. 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) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0 earnings per share (EPS) during the time that was better than consensus figure (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 12.66% per share during the next fiscal year.

Joby Aviation Inc (NYSE: JOBY) Trading Performance Indicators

You can see what Joby Aviation Inc (JOBY) is doing with its current performance indicators. In the most recent 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 3494.50.

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 6.72 million, its volume of 32.53 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 24.79%. Additionally, its Average True Range was 0.41.

During the past 100 days, Joby Aviation Inc’s (JOBY) raw stochastic average was set at 20.13%, which indicates a significant increase from 13.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 89.78% in the past 14 days, which was higher than the 78.46% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.33, while its 200-day Moving Average is $5.36. Nevertheless, the first resistance level for the watch stands at $5.36 in the near term. At $5.45, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.53. If the price goes on to break the first support level at $5.19, it is likely to go to the next support level at $5.11. Should the price break the second support level, the third support level stands at $5.02.

Joby Aviation Inc (NYSE: JOBY) Key Stats

There are 708,441K outstanding shares of the company, which has a market capitalization of 3.77 billion. As of now, sales total 1,030 K while income totals -513,050 K. Its latest quarter income was 30 K while its last quarter net income were -123,290 K.