In yesterday’s Wall Street session, Joby Aviation Inc (NYSE:JOBY) shares traded at $5.04, up 3.49% from the previous session.
JOBY stock price is now -5.08% away from the 50-day moving average and -5.62% away from the 200-day moving average. The market capitalization of the company currently stands at $3.87B.
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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, DeHoff Kate, insider sold 27,898 shares of the company’s stock on Oct 16 ’24. The stock was sold for $153,439 at an average price of $5.50. Upon completion of the transaction, the insider now directly owns 199,413 shares in the company, valued at $1.01 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 16 ’24, Officer KATE DEHOFF bought 27,898 shares of the business’s stock. A total of $151,207 was incurred on buying the stock at an average price of $5.42. A total of 45.52% 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 $5.3114 and a two-hundred day moving average price translates $5.34285 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.
