Jetblue Airways Corp (NASDAQ: JBLU) is 21.62% higher on its value in year-to-date trading and has touched a low of $3.42 and a high of $9.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The JBLU stock was last observed hovering at around $6.87 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $6.75, the stock is -4.39% and 0.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.44 million and changing -1.75% at the moment leaves the stock 13.88% off its SMA200. JBLU registered -2.88% loss for a year compared to 6-month gain of 43.62%.
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The stock witnessed a -3.57% loss in the last 1 month and extending the period to 3 months gives it a 30.31%, and is -0.74% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.01% over the week and 4.29% over the month.
Profit margin for the company is -3.23%. Distance from 52-week low is 97.37% and -28.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.75%).
The EPS is expected to shrink by -61.25% this year.
Jetblue Airways Corp (JBLU) Top Institutional Holders
The shares outstanding are 339.00M, and float is at 337.99M with Short Float at 12.89%.
Jetblue Airways Corp (JBLU) Insider Activity
The most recent transaction is an insider sale by Spencer Gerald Alfred,the company’sPrincipal Accounting Officer. SEC filings show that Spencer Gerald Alfred sold 11,879 shares of the company’s common stock on Aug 18 ’23 at a price of $6.35 per share for a total of $75432.0. Following the sale, the insider now owns 0.0 shares.
