Currently, there are 717.09M common shares owned by the public and among those 435.70M shares have been available to trade.
The company’s stock has a 5-day price change of -1.23% and 77.15% over the past three months. JOBY shares are trading 32.93% year to date (YTD), with the 12-month market performance up to 40.10% higher. It has a 12-month low price of $4.50 and touched a high of $9.33 over the same period. JOBY has an average intraday trading volume of 15.68 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 25.02%, 45.08%, and 62.29% respectively.
Institutional ownership of Joby Aviation Inc (NYSE: JOBY) shares accounts for 29.75% of the company’s 717.09M shares outstanding.
It has a market capitalization of $7.39B and a beta (3y monthly) value of 2.33. The earnings-per-share (ttm) stands at -$0.69. Price movements for the stock have been influenced by the stock’s volatility, which stands at 11.89% over the week and 10.10% over the month.
Earnings per share for the fiscal year are expected to increase by 9.12%, and 0.87% over the next financial year.
Looking at the support for the JOBY, a number of firms have released research notes about the stock. Needham stated their Buy rating for the stock in a research note on November 19, 2024, with the firm’s price target at $8. H.C. Wainwright coverage for the Joby Aviation Inc (JOBY) stock in a research note released on September 03, 2024 offered a Buy rating with a price target of $9. JP Morgan was of a view on May 03, 2024 that the stock is Neutral, while JP Morgan gave the stock Underweight rating on July 19, 2023, issuing a price target of $5- $6. Canaccord Genuity on their part issued Buy rating on June 09, 2023.
