The stock of Jetblue Airways Corp (NASDAQ:JBLU) last traded at $6.48, down -2.85% from the previous session.
JBLU stock price is now -8.67% away from the 50-day moving average and 4.21% away from the 200-day moving average. The market capitalization of the company currently stands at $2.25B.
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On January 17, 2025, BofA Securities Downgraded its previous ‘Neutral’ rating to ‘Underperform’ on the stock keeping its target price maintained at $6.50, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Mittal Nik, Director bought 100,000 shares of the company’s stock on Feb 04 ’25. The stock was bought for $614,340 at an average price of $6.14. Upon completion of the transaction, the Director now directly owns 116,443 shares in the company, valued at $0.75 million. A total of 15.64% of the company’s stock is owned by insiders.
During the past 12 months, Jetblue Airways Corp has had a low of $4.49 and a high of $8.31. As of last week, the company has a debt-to-equity ratio of 3.23, a current ratio of 1.21, and a quick ratio of 1.18. The fifty day moving average price for JBLU is $7.0878 and a two-hundred day moving average price translates $6.21605 for the stock.
The latest earnings results from Jetblue Airways Corp (NASDAQ: JBLU) was released for 2024-09-30. The net profit margin was -8.57% and return on equity was -26.60% for JBLU. The company reported revenue of $2.37 billion for the quarter, compared to $2.35 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.51 percent.
