On Friday, Jet.AI Inc (NASDAQ: JTAI) opened lower -2.63% from the last session, before settling in for the closing price of $6.09. Price fluctuations for JTAI have ranged from $5.17 to $1005.75 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales slided by -22.07%. Company’s average yearly earnings per share was noted -16.77% at the time writing. With a float of $131.79 million, this company’s outstanding shares have now reached $153.48 million.
The extent of productivity of a business whose workforce counts for 9 workers is very important to gauge. In terms of profitability, gross margin is -4.18%, operating margin of -82.03%, and the pretax margin is -83.08%.
Jet.AI Inc (JTAI) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Jet.AI Inc is 14.13%, while institutional ownership is 0.01%.
Jet.AI Inc (JTAI) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -31.73 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -40.5) by 8.78. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.61 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -16.77% per share during the next fiscal year.
Jet.AI Inc (NASDAQ: JTAI) Trading Performance Indicators
Check out the current performance indicators for Jet.AI Inc (JTAI). In the past quarter, the stock posted a quick ratio of 0.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.06, a number that is poised to hit -2.12 in the next quarter and is forecasted to reach -3.90 in one year’s time.
Technical Analysis of Jet.AI Inc (JTAI)
The latest stats from [Jet.AI Inc, JTAI] show that its last 5-days average volume of 2.96 million was superior to 0.13 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 15.59%. Additionally, its Average True Range was 2.80.
During the past 100 days, Jet.AI Inc’s (JTAI) raw stochastic average was set at 0.83%, which indicates a significant decrease from 6.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 236.06% in the past 14 days, which was higher than the 148.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.31, while its 200-day Moving Average is $101.26. Now, the first resistance to watch is $7.73. This is followed by the second major resistance level at $9.54. The third major resistance level sits at $10.70. If the price goes on to break the first support level at $4.76, it is likely to go to the next support level at $3.60. The third support level lies at $1.79 if the price breaches the second support level.
Jet.AI Inc (NASDAQ: JTAI) Key Stats
There are currently 781K shares outstanding in the company with a market cap of 4.85 million. Presently, the company’s annual sales total 12,210 K according to its annual income of -12,620 K. Last quarter, the company’s sales amounted to 3,920 K and its income totaled -2,880 K.
