On Friday, Jetblue Airways Corp (NASDAQ: JBLU) was 0.39% up from the session before settling in for the closing price of $7.61. A 52-week range for JBLU has been $4.49 – $8.28.
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A company in the Industrials sector has jumped its sales by 24.35% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -81.16%. With a float of $292.94 million, this company’s outstanding shares have now reached $347.00 million.
In terms of profitability, gross margin is 7.66%, operating margin of -2.16%, and the pretax margin is -9.91%.
Jetblue Airways Corp (JBLU) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Jetblue Airways Corp stocks. The insider ownership of Jetblue Airways Corp is 15.55%, while institutional ownership is 77.06%.
Jetblue Airways Corp (JBLU) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.44 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -81.16% per share during the next fiscal year.
Jetblue Airways Corp (NASDAQ: JBLU) Trading Performance Indicators
You can see what Jetblue Airways Corp (JBLU) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.52, a number that is poised to hit -0.29 in the next quarter and is forecasted to reach -0.55 in one year’s time.
Technical Analysis of Jetblue Airways Corp (JBLU)
Let’s dig in a bit further. During the last 5-days, its volume was 15.71 million. That was inferior than the volume of 16.2 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 59.26%. Additionally, its Average True Range was 0.38.
During the past 100 days, Jetblue Airways Corp’s (JBLU) raw stochastic average was set at 82.20%, which indicates a significant increase from 41.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.75% in the past 14 days, which was lower than the 65.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.94, while its 200-day Moving Average is $6.22. However, in the short run, Jetblue Airways Corp’s stock first resistance to watch stands at $7.74. Second resistance stands at $7.84. The third major resistance level sits at $7.99. If the price goes on to break the first support level at $7.48, it is likely to go to the next support level at $7.33. The third support level lies at $7.23 if the price breaches the second support level.
Jetblue Airways Corp (NASDAQ: JBLU) Key Stats
There are 346,877K outstanding shares of the company, which has a market capitalization of 2.65 billion. As of now, sales total 9,615 M while income totals -310,000 K. Its latest quarter income was 2,365 M while its last quarter net income were -60,000 K.
