In Monday’s Wall Street session, Jetblue Airways Corp (NASDAQ:JBLU) shares traded at $6.82, down -2.71% from the previous session.
JBLU stock price is now -5.50% away from the 50-day moving average and 8.77% away from the 200-day moving average. The market capitalization of the company currently stands at $2.41B.
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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, Hurley Ursula L, Chief Financial Officer sold 15,000 shares of the company’s stock on Feb 18 ’25. The stock was sold for $112,500 at an average price of $7.50. Upon completion of the transaction, the Chief Financial Officer now directly owns 41,833 shares in the company, valued at $0.29 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 18 ’25, Officer Hurley Ursula L bought 15,000 shares of the business’s stock. A total of $112,500 was incurred on buying the stock at an average price of $7.50. A total of 15.57% 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 3.46, a current ratio of 1.10, and a quick ratio of 1.06.
The net profit margin was -8.57% and return on equity was -26.60% for JBLU. The company reported revenue of $2.28 billion for the quarter, compared to $2.32 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.02 percent.
