With 12.61 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.0 million shares. During the session, the Airports & Air Services company that operates in wider Industrials sector, reached to the highest price of $5.22 whereas the lowest price it dropped to was $5.04. 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 $8.00. Beta for the stock currently stands at 2.08.
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 down-trending over the past week, with a drop of -6.10%, but this was down by -18.59% over a month. Three-month performance dropped to -24.74% while six-month performance fell -26.80%. The stock gained 34.04% in the past year, while it has lost -23.61% 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 6.11% for this year and -1.34% for next year.
Float and Shares Shorts:
At present, 698.26 million JOBY shares are outstanding with a float of 373.29 million shares on hand for trading. On Feb 29, 2024, short shares totaled 70.68 million, which was 10.06% higher than short shares on Jan 31, 2024. In addition to JOBY as the firm’s Joby Aviation, Inc., JOB serves as its GEE Group Inc.
Institutional Ownership:
Through their ownership of 41.50% 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.
