Reviewing The Case For Joby Aviation Inc (JOBY) Going Higher

Currently, there are 698.26M common shares owned by the public and among those 386.01M shares have been available to trade.

The company’s stock has a 5-day price change of -0.90% and -17.81% over the past three months. JOBY shares are trading -17.44% year to date (YTD), with the 12-month market performance down to -12.16% lower. It has a 12-month low price of $4.50 and touched a high of $7.69 over the same period. JOBY has an average intraday trading volume of 7.39 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.12%, 4.43%, and 2.28% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Joby Aviation Inc (NYSE: JOBY) shares accounts for 32.21% of the company’s 698.26M shares outstanding.

It has a market capitalization of $3.93B and a beta (3y monthly) value of 1.98. The earnings-per-share (ttm) stands at -$0.48. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.08% over the week and 5.89% over the month.

Earnings per share for the fiscal year are expected to increase by 12.48%, and -8.66% over the next financial year.

Looking at the support for the JOBY, a number of firms have released research notes about the stock. H.C. Wainwright stated their Buy rating for the stock in a research note on September 03, 2024, with the firm’s price target at $9. JP Morgan coverage for the Joby Aviation Inc (JOBY) stock in a research note released on May 03, 2024 offered a Neutral rating with a price target of $5. JP Morgan was of a view on July 19, 2023 that the stock is Underweight, while Canaccord Genuity gave the stock Buy rating on June 09, 2023, issuing a price target of $8. Deutsche Bank on their part issued Sell rating on March 07, 2023.

Most Popular

Related Posts