In Friday’s Wall Street session, Joby Aviation Inc (NYSE:JOBY) shares traded at $6.78, up 1.95% from the previous session.
JOBY stock price is now 8.31% away from the 50-day moving average and 4.58% away from the 200-day moving average. The market capitalization of the company currently stands at $5.36B.
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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, Papadopoulos Didier, President of Aircraft OEM sold 2,899 shares of the company’s stock on May 08 ’25. The stock was sold for $20,293 at an average price of $7.00. Upon completion of the transaction, the President of Aircraft OEM now directly owns 72,695 shares in the company, valued at $0.49 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 08 ’25, Officer DIDIER PAPADOPOULOS bought 2,899 shares of the business’s stock. A total of $18,612 was incurred on buying the stock at an average price of $6.42. 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 0.04, a current ratio of 17.72, and a quick ratio of 17.72.
The net profit margin was -536804.50% and return on equity was -64.96% for JOBY.
