In Thursday’s Wall Street session, Joby Aviation Inc (NYSE:JOBY) shares traded at $5.89, up 1.73% from the previous session.
JOBY stock price is now -10.05% away from the 50-day moving average and -8.86% away from the 200-day moving average. The market capitalization of the company currently stands at $4.66B.
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, BONNY SIMI, Officer bought 12,382 shares of the company’s stock on Apr 17 ’25. The stock was bought for $71,692 at an average price of $5.79. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 14 ’25, Chief Product Officer Allison Eric sold 24,395 shares of the business’s stock. A total of $147,346 was realized by selling the stock at an average price of $6.04. This leaves the insider owning 627,726 shares of the company worth $3.7 million. A total of 45.11% 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 0.03, a current ratio of 20.14, and a quick ratio of 20.14. The fifty day moving average price for JOBY is $6.5478 and a two-hundred day moving average price translates $6.4624 for the stock.
The latest earnings results from Joby Aviation Inc (NYSE: JOBY) was released for 2024-12-31. The net profit margin was -447083.82% and return on equity was -62.47% for JOBY. For the current quarter, analysts expect JOBY to generate $539.2k in revenue.
