Joby Aviation Inc (JOBY) concluded trading on Wednesday at a closing price of $4.89, with 8.47 million shares of worth about $41.42 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -17.95% during that period and on May 08, 2024 the price saw a loss of about -8.94%. Currently the company’s common shares owned by public are about 698.26M shares, out of which, 375.52M shares are available for trading.
Stock saw a price change of -6.32% in past 5 days and over the past one month there was a price change of -1.01%. Year-to-date (YTD), JOBY shares are showing a performance of -26.47% which increased to 11.90% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.25 but also hit the highest price of $11.98 during that period. The average intraday trading volume for Joby Aviation Inc shares is 5.07 million. The stock is currently trading -1.40% below its 20-day simple moving average (SMA20), while that difference is down -4.60% for SMA50 and it goes to -20.36% 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 30.99% of that.
The stock has a current market capitalization of $3.46B and its 3Y-monthly beta is at 2.04. It has posted earnings per share of -$0.75 in the same period. It has Quick Ratio of 24.89 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 5.48% while standing at 5.06% over the month.
Stock’s fiscal year EPS is expected to rise by 6.31% while it is estimated to decrease by -5.47% 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 May 03, 2024 offering a Neutral rating for the stock and assigned a target price of $5 to it. Coverage by JP Morgan stated Joby Aviation Inc (JOBY) stock as an Underweight in their note to investors on July 19, 2023, suggesting a price target of $6 for the stock. On June 09, 2023, Canaccord Genuity Initiated their recommendations, while on March 07, 2023, Deutsche Bank Downgrade their ratings for the stock with a price target of $4. Stock get a Mkt perform rating from Raymond James on July 27, 2022.
