The price of Joby Aviation Inc (NYSE:JOBY) shares last traded on Wall Street fell -1.85% to $6.36.
JOBY stock price is now 1.57% away from the 50-day moving average and -1.89% away from the 200-day moving average. The market capitalization of the company currently stands at $5.03B.
With the price target maintained at $7, Morgan Stanley recently Downgraded its rating from Overweight to Equal-Weight for Joby Aviation Inc (NYSE: JOBY). On January 10, 2025, JP Morgan Downgraded its previous ‘Neutral’ rating to ‘Underweight’ on the stock increasing its target price from $5 to quote $6, while ‘Needham’ rates the stock as ‘Buy’
In other news, Sciarra Paul Cahill, Director sold 166,667 shares of the company’s stock on Apr 21 ’25. The stock was sold for $955,002 at an average price of $5.73. Upon completion of the transaction, the Director now directly owns 58,328,061 shares in the company, valued at $370.97 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 17 ’25, President of Operations Simi Bonny W sold 12,382 shares of the business’s stock. A total of $71,939 was realized by selling the stock at an average price of $5.81. This leaves the insider owning 203,588 shares of the company worth $1.29 million. A total of 45.09% of the company’s stock is owned by insiders.
During the past 12 months, Joby Aviation Inc has had a low of $4.66 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 net profit margin was -447083.82% and return on equity was -62.47% for JOBY.
