The price of Joby Aviation Inc (NYSE:JOBY) shares last traded on Wall Street rose 12.83% to $6.33.
JOBY stock price is now 15.87% away from the 50-day moving average and 18.61% away from the 200-day moving average. The market capitalization of the company currently stands at $4.84B.
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With the price target of $8, Needham recently initiated with Buy rating for Joby Aviation Inc (NYSE: JOBY). On September 03, 2024, H.C. Wainwright recently initiated its ‘Buy’ rating on the stock quoting a target price of $9, while ‘JP Morgan’ rates the stock as ‘Neutral’
In other news, Sciarra Paul Cahill, Director sold 166,666 shares of the company’s stock on Nov 18 ’24. The stock was sold for $934,996 at an average price of $5.61. Upon completion of the transaction, the Director now directly owns 59,661,393 shares in the company, valued at $377.66 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 18 ’24, Officer SCIARRA MANAGEMENT TRUST bought 166,666 shares of the business’s stock. A total of $954,996 was incurred on buying the stock at an average price of $5.73. A total of 43.12% 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 0.04, a current ratio of 16.12, and a quick ratio of 16.12. The fifty day moving average price for JOBY is $5.4396 and a two-hundred day moving average price translates $5.3327 for the stock.
The latest earnings results from Joby Aviation Inc (NYSE: JOBY) was released for 2024-09-30. The net profit margin was -42844.56% and return on equity was -50.45% for JOBY.
