Joby Aviation Inc (NYSE: JOBY) is -27.82% lower on its value in year-to-date trading and has touched a low of $4.50 and a high of $7.69 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JOBY stock was last observed hovering at around $5.03 in the last trading session, with the day’s loss setting it -0.23%.
Currently trading at $4.80, the stock is -6.29% and -9.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.92 million and changing -4.57% at the moment leaves the stock -11.94% off its SMA200. JOBY registered -25.58% loss for a year compared to 6-month gain of -2.44%. The firm has a 50-day simple moving average (SMA 50) of $5.26 and a 200-day simple moving average (SMA200) of $5.44085.
The stock witnessed a -4.00% loss in the last 1 month and extending the period to 3 months gives it a -3.23%, and is -6.80% 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 4.57% over the week and 4.30% over the month.
Joby Aviation Inc (JOBY) has around 1777 employees, a market worth around $3.44B and $1.08M in sales. Profit margin for the company is -30549.03%. Distance from 52-week low is 6.67% and -37.58% from its 52-week high. The company has generated returns on investments over the last 12 months (-36.03%).
with sales reaching $40k over the same period.The EPS is expected to grow by 13.02% this year, but quarterly earnings will post -67.50% year-over-year.
Joby Aviation Inc (JOBY) Top Institutional Holders
329.0 institutions hold shares in Joby Aviation Inc (JOBY), with institutional investors hold 67.23% of the company’s shares. The shares outstanding are 698.26M, and float is at 391.84M with Short Float at 18.10%. Institutions hold 42.80% of the Float.
The top institutional shareholder in the company is BAILLIE GIFFORD & CO with over 52.87 million shares valued at $269.63 million. The investor’s holdings represent 7.755% of the JOBY Shares outstanding. As of 2024-06-30, the second largest holder is CAPRICORN INVESTMENT GROUP LLC with 40.36 million shares valued at $184.07 million to account for 5.9202 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 39.28 million shares representing 5.7614% and valued at over $200.32 million, while BLACKROCK INC. holds 4.1837 of the shares totaling 28.52 million with a market value of $145.46 million.
Joby Aviation Inc (JOBY) Insider Activity
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Still, SEC filings show that on Sep 30 ’24, SCIARRA MANAGEMENT TRUST (Officer) Proposed Sale 166,666 shares at an average price of $5.22 for $0.87 million. The insider now directly holds shares of Joby Aviation Inc (JOBY).
