In Tuesday’s Wall Street session, Jetblue Airways Corp (NASDAQ:JBLU) shares traded at $5.42, up 9.94% from the previous session.
JBLU stock price is now 17.66% away from the 50-day moving average and -9.52% away from the 200-day moving average. The market capitalization of the company currently stands at $1.92B.
On April 07, 2025, Raymond James Upgraded its previous ‘Mkt Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $5, while ‘Deutsche Bank’ rates the stock as ‘Hold’
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 $0.23 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 19.96% of the company’s stock is owned by insiders.
During the past 12 months, Jetblue Airways Corp has had a low of $3.34 and a high of $8.31. As of last week, the company has a debt-to-equity ratio of 3.85, a current ratio of 1.01, and a quick ratio of 0.97.
The net profit margin was -3.12% and return on equity was -11.30% for JBLU. The company reported revenue of $2.14 billion for the quarter, compared to $2.21 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.12 percent. For the current quarter, analysts expect JBLU to generate $2.26B in revenue.
