Jetblue Airways Corp (NASDAQ: JBLU) on Monday, plunged -1.04% from the previous trading day, before settling in for the closing price of $5.77. Within the past 52 weeks, JBLU’s price has moved between $3.76 and $8.07.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 20.61%. The company achieved an average annual earnings per share of -97.80%. With a float of $310.67 million, this company’s outstanding shares have now reached $339.00 million.
In terms of profitability, gross margin is 9.77%, operating margin of -2.16%, and the pretax margin is -9.91%.
Jetblue Airways Corp (JBLU) Insider Updates
Observing investor behavior towards Airlines industry stocks is more important than anything else. The insider ownership of Jetblue Airways Corp is 10.44%, while institutional ownership is 80.34%.
Jetblue Airways Corp (JBLU) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.19 earnings per share (EPS) for the period topping the consensus outlook (set at -0.28) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -97.80% per share during the next fiscal year.
Jetblue Airways Corp (NASDAQ: JBLU) Trading Performance Indicators
Jetblue Airways Corp (JBLU) is currently performing well based on its current performance indicators. A quick ratio of 1.18 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.52, a number that is poised to hit -0.39 in the next quarter and is forecasted to reach -0.54 in one year’s time.
Technical Analysis of Jetblue Airways Corp (JBLU)
The latest stats from [Jetblue Airways Corp, JBLU] show that its last 5-days average volume of 25.63 million was superior to 15.59 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 9.19%. Additionally, its Average True Range was 0.40.
During the past 100 days, Jetblue Airways Corp’s (JBLU) raw stochastic average was set at 33.99%, which indicates a significant increase from 7.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 98.87% in the past 14 days, which was higher than the 74.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.22, while its 200-day Moving Average is $6.11. Now, the first resistance to watch is $5.76. This is followed by the second major resistance level at $5.81. The third major resistance level sits at $5.90. If the price goes on to break the first support level at $5.62, it is likely to go to the next support level at $5.53. Assuming the price breaks the second support level, the third support level stands at $5.48.
Jetblue Airways Corp (NASDAQ: JBLU) Key Stats
Market capitalization of the company is 2.00 billion based on 346,877K outstanding shares. Right now, sales total 9,615 M and income totals -310,000 K. The company made 2,428 M in profit during its latest quarter, and 25,000 K in sales during its previous quarter.
