The stock of Joby Aviation Inc (NYSE:JOBY) last traded at $7.62, down -0.91% from the previous session.
JOBY stock price is now 15.27% away from the 50-day moving average and 36.46% away from the 200-day moving average. The market capitalization of the company currently stands at $6.20B.
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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, Papadopoulos Didier, President of Aircraft OEM sold 6,005 shares of the company’s stock on Dec 16 ’24. The stock was sold for $45,938 at an average price of $7.65. Upon completion of the transaction, the President of Aircraft OEM now directly owns 54,776 shares in the company, valued at $0.42 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 17 ’24, President of Aircraft OEM Papadopoulos Didier sold 3,382 shares of the business’s stock. A total of $27,360 was realized by selling the stock at an average price of $8.09. This leaves the insider owning 51,394 shares of the company worth $0.39 million. A total of 42.51% 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 $9.33. 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 $6.572 and a two-hundred day moving average price translates $5.5732 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.
