Stocks of Joby Aviation Inc (NYSE:JOBY) traded higher last session on Wall Street, down -2.39% to $8.17.
JOBY stock price is now 6.57% away from the 50-day moving average and 39.34% away from the 200-day moving average. The market capitalization of the company currently stands at $6.25B.
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, BONNY SIMI, Officer bought 31,489 shares of the company’s stock on Jan 17 ’25. The stock was bought for $263,563 at an average price of $8.37. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 15 ’25, See Remarks Novikov Sergey sold 212 shares of the business’s stock. A total of $1,770 was realized by selling the stock at an average price of $8.35. This leaves the insider owning 45,727 shares of the company worth $0.37 million. A total of 42.47% 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 0.04, a current ratio of 16.12, and a quick ratio of 16.12. The fifty day moving average price for JOBY is $7.6666 and a two-hundred day moving average price translates $5.86345 for the stock.
The latest earnings results from Joby Aviation Inc (NYSE: JOBY) was released for 2024-09-30. The net profit margin was -42844.56% and return on equity was -50.45% for JOBY.
