Joby Aviation Inc (NYSE: JOBY) on Friday, soared 6.36% from the previous trading day, before settling in for the closing price of $7.23. Within the past 52 weeks, JOBY’s price has moved between $4.50 and $9.33.
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The company achieved an average annual earnings per share of 9.12%. With a float of $439.88 million, this company’s outstanding shares have now reached $717.09 million.
Let’s look at the performance matrix of the company that is accounted for 1777 employees. In terms of profitability, gross margin is -2198.11%, operating margin of -113461.37%, and the pretax margin is -42788.86%.
Joby Aviation Inc (JOBY) Insider Updates
Observing investor behavior towards Airports & Air Services industry stocks is more important than anything else. The insider ownership of Joby Aviation Inc is 42.51%, while institutional ownership is 29.75%. The most recent insider transaction that took place on Dec 16 ’24, was worth 45,938. In this transaction President of Aircraft OEM of this company sold 6,005 shares at a rate of $7.65, taking the stock ownership to the 54,776 shares. Before that another transaction happened on Dec 17 ’24, when Company’s President of Aircraft OEM sold 3,382 for $8.09, making the entire transaction worth $27,360. This insider now owns 51,394 shares in total.
Joby Aviation Inc (JOBY) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 9.12% per share during the next fiscal year.
Joby Aviation Inc (NYSE: JOBY) Trading Performance Indicators
Joby Aviation Inc (JOBY) is currently performing well based on its current performance indicators. A quick ratio of 16.12 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 5637.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.69, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.71 in one year’s time.
Technical Analysis of Joby Aviation Inc (JOBY)
Joby Aviation Inc (NYSE: JOBY) saw its 5-day average volume 24.81 million, a positive change from its year-to-date volume of 8.85 million. As of the previous 9 days, the stock’s Stochastic %D was 21.14%. Additionally, its Average True Range was 0.74.
During the past 100 days, Joby Aviation Inc’s (JOBY) raw stochastic average was set at 64.88%, which indicates a significant increase from 30.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.15% in the past 14 days, which was lower than the 89.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.57, while its 200-day Moving Average is $5.57. Nevertheless, the first resistance level for the watch stands at $8.17 in the near term. At $8.66, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.22. If the price goes on to break the first support level at $7.12, it is likely to go to the next support level at $6.56. Assuming the price breaks the second support level, the third support level stands at $6.07.
Joby Aviation Inc (NYSE: JOBY) Key Stats
Market capitalization of the company is 6.26 billion based on 765,086K outstanding shares. Right now, sales total 1,030 K and income totals -513,050 K. The company made 30 K in profit during its latest quarter, and -143,880 K in sales during its previous quarter.
