On Monday, Jet.AI Inc (NASDAQ: JTAI) was 10.82% up from the session before settling in for the closing price of $0.06. A 52-week range for JTAI has been $0.06 – $4.47.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -22.07%. When this article was written, the company’s average yearly earnings per share was at -18.92%. With a float of $19.71 million, this company’s outstanding shares have now reached $24.58 million.
Considering the fact that the conglomerate employs 9 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -3.07%, operating margin of -94.71%, and the pretax margin is -95.97%.
Jet.AI Inc (JTAI) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Jet.AI Inc stocks. The insider ownership of Jet.AI Inc is 19.81%, while institutional ownership is 14.09%.
Jet.AI Inc (JTAI) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -18.92% per share during the next fiscal year.
Jet.AI Inc (NASDAQ: JTAI) Trading Performance Indicators
You can see what Jet.AI Inc (JTAI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.48, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.19 in one year’s time.
Technical Analysis of Jet.AI Inc (JTAI)
Compared to the last year’s volume of 12.4 million, its volume of 33.76 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.33%. Additionally, its Average True Range was 0.02.
During the past 100 days, Jet.AI Inc’s (JTAI) raw stochastic average was set at 1.81%, which indicates a significant decrease from 9.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 143.13% in the past 14 days, which was higher than the 122.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.1074, while its 200-day Moving Average is $0.5129. Nevertheless, the first resistance level for the watch stands at $0.0717 in the near term. At $0.0747, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.0796. If the price goes on to break the first support level at $0.0638, it is likely to go to the next support level at $0.0589. Now, if the price goes above the second support level, the third support stands at $0.0559.
Jet.AI Inc (NASDAQ: JTAI) Key Stats
There are 64,255K outstanding shares of the company, which has a market capitalization of 9.98 million. As of now, sales total 12,210 K while income totals -12,620 K. Its latest quarter income was 3,080 K while its last quarter net income were -3,220 K.
