The stock of Joby Aviation Inc (NYSE:JOBY) last traded at $7.50, down -4.09% from the previous session.
JOBY stock price is now 14.98% away from the 50-day moving average and 13.36% away from the 200-day moving average. The market capitalization of the company currently stands at $5.94B.
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, TOYOTA MOTOR CORP/, Director bought 49,701,790 shares of the company’s stock on May 22 ’25. The stock was bought for $250,000,004 at an average price of $5.03. Upon completion of the transaction, the Director now directly owns 122,573,621 shares in the company, valued at $919.3 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 23 ’25, Bowles Gregory sold 7,754 shares of the business’s stock. A total of $51,176 was realized by selling the stock at an average price of $6.60. This leaves the insider owning 153,280 shares of the company worth $1.15 million. A total of 45.06% 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.
