With 4.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.11 million shares. The 52-week range on JOBY shows that it touched its highest point at $11.98 and its lowest point at $3.68 during that stretch. It currently has a 1-year price target of $6.71. Beta for the stock currently stands at 2.09.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of JOBY was up-trending over the past week, with a rise of 0.92%, but this was up by 0.18% over a month. Three-month performance dropped to -9.88% while six-month performance fell -26.38%. The stock gained 22.92% in the past year, while it has lost -17.74% so far this year. A look at the trailing 12-month EPS for JOBY yields -0.80 with Next year EPS estimates of -0.75. For the next quarter, that number is -0.17. This implies an EPS growth rate of 6.65% for this year and -1.92% for next year.
Float and Shares Shorts:
At present, 698.26 million JOBY shares are outstanding with a float of 370.23 million shares on hand for trading. On Feb 15, 2024, short shares totaled 73.4 million, which was 10.54% higher than short shares on Jan 12, 2024. In addition to Mr. Paul Cahill Sciarra as the firm’s Executive Chairman of the Board, Mr. JoeBen Bevirt serves as its Founder, CEO, Chief Architect, President & Director.
Institutional Ownership:
Through their ownership of 41.58% of JOBY’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for JOBY since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
Summary of Insider Activity:
Insiders traded JOBY stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 48 while that of sell transactions has risen to 58 over the past year. The total number of shares bought during that period was 881,925 while 1,878,931 shares were sold.
