Joby Aviation Inc (JOBY) concluded trading on Wednesday at a closing price of $4.61, with 3.55 million shares of worth about $16.37 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -26.48% during that period and on April 17, 2024 the price saw a gain of about 0.22%. Currently the company’s common shares owned by public are about 698.26M shares, out of which, 373.60M shares are available for trading.
However, the stock later moved at a day high price of 4.7900, or with a gain of 0.22%. Stock saw a price change of -2.33% in past 5 days and over the past one month there was a price change of -9.96%. Year-to-date (YTD), JOBY shares are showing a performance of -30.68% which increased to 15.25% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.72 but also hit the highest price of $11.98 during that period. The average intraday trading volume for Joby Aviation Inc shares is 5.06 million. The stock is currently trading -7.97% below its 20-day simple moving average (SMA20), while that difference is down -14.32% for SMA50 and it goes to -29.03% lower than SMA200.
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Joby Aviation Inc (NYSE: JOBY) currently have 698.26M outstanding shares and institutions hold larger chunk of about 31.12% of that.
The stock has a current market capitalization of $3.24B and its 3Y-monthly beta is at 2.09. It has posted earnings per share of -$0.80 in the same period. It has Quick Ratio of 23.39 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for JOBY, volatility over the week remained 3.76% while standing at 3.57% over the month.
Stock’s fiscal year EPS is expected to rise by 6.11% while it is estimated to decrease by -1.34% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on July 19, 2023 offering an Underweight rating for the stock and assigned a target price range of between $5 and $6 to it. Coverage by Canaccord Genuity stated Joby Aviation Inc (JOBY) stock as a Buy in their note to investors on June 09, 2023, suggesting a price target of $8 for the stock. Stock get a Neutral rating from JP Morgan on April 28, 2022.
