Stocks of Joby Aviation Inc (NYSE:JOBY) traded higher last session on Wall Street, down -4.98% to $6.11.
JOBY stock price is now -15.85% away from the 50-day moving average and -4.59% away from the 200-day moving average. The market capitalization of the company currently stands at $4.81B.
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With the price target enhanced from $5 to $6, JP Morgan Downgraded its rating from Neutral to Underweight for Joby Aviation Inc (NYSE: JOBY). On November 19, 2024, Needham recently initiated its ‘Buy’ rating on the stock quoting a target price of $8, while ‘H.C. Wainwright’ rates the stock as ‘Buy’
In other news, Sciarra Paul Cahill, Director sold 166,667 shares of the company’s stock on Mar 24 ’25. The stock was sold for $1,130,002 at an average price of $6.78. Upon completion of the transaction, the Director now directly owns 58,494,728 shares in the company, valued at $357.4 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 24 ’25, President of Operations Simi Bonny W sold 9,695 shares of the business’s stock. A total of $65,732 was realized by selling the stock at an average price of $6.78. This leaves the insider owning 146,941 shares of the company worth $0.9 million. A total of 45.15% 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 $10.72. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 20.14, and a quick ratio of 20.14. The fifty day moving average price for JOBY is $7.2608 and a two-hundred day moving average price translates $6.4041 for the stock.
The latest earnings results from Joby Aviation Inc (NYSE: JOBY) was released for 2024-12-31. The net profit margin was -447083.82% and return on equity was -62.47% for JOBY.
