Stocks of Joby Aviation Inc (NYSE:JOBY) traded higher last session on Wall Street, down -2.17% to $5.42.
JOBY stock price is now 3.84% away from the 50-day moving average and 0.72% away from the 200-day moving average. The market capitalization of the company currently stands at $3.88B.
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With the price target of $9, H.C. Wainwright recently initiated with Buy rating for Joby Aviation Inc (NYSE: JOBY). On May 03, 2024, JP Morgan Upgraded its previous ‘Underweight’ rating to ‘Neutral’ on the stock keeping its target price maintained at $5, while ‘Canaccord Genuity’ rates the stock as ‘Buy’
In other news, Allison Eric, Chief Product Officer sold 27,817 shares of the company’s stock on Oct 14 ’24. The stock was sold for $154,663 at an average price of $5.56. Upon completion of the transaction, the Chief Product Officer now directly owns 463,151 shares in the company, valued at $2.51 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 14 ’24, DeHoff Kate sold 6,900 shares of the business’s stock. A total of $38,364 was realized by selling the stock at an average price of $5.56. This leaves the insider owning 227,311 shares of the company worth $1.23 million. A total of 46.10% of the company’s stock is owned by insiders.
During the past 12 months, Joby Aviation Inc has had a low of $4.50 and a high of $7.69. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 19.87, and a quick ratio of 19.87. The fifty day moving average price for JOBY is $5.2194 and a two-hundred day moving average price translates $5.38125 for the stock.
The latest earnings results from Joby Aviation Inc (NYSE: JOBY) was released for 2024-06-30. The net profit margin was -30549.03% and return on equity was -33.50% for JOBY.
