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Jet.AI Inc (JTAI) Stock Could Soon Reward Patient Investors

Jet.AI Inc (NASDAQ: JTAI) is -97.32% lower on its value in year-to-date trading and has touched a low of $0.04 and a high of $4.47 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 JTAI stock was last observed hovering at around $0.04 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $0.04, the stock is -47.29% and -59.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 59.07 million and changing -10.23% at the moment leaves the stock -92.08% off its SMA200. JTAI registered -96.32% loss for a year compared to 6-month loss of -94.33%. The firm has a 50-day simple moving average (SMA 50) of $0.0977 and a 200-day simple moving average (SMA200) of $0.492005.

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The stock witnessed a -61.78% gain in the last 1 month and extending the period to 3 months gives it a -84.74%, and is -43.73% 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 23.38% over the week and 19.53% over the month.

Jet.AI Inc (JTAI) has around 9 employees, a market worth around $4.43M and $14.48M in sales. Profit margin for the company is -96.72%. Distance from 52-week low is -3.50% and -99.14% from its 52-week high.

with sales reaching $3.38M over the same period.The EPS is expected to shrink by 0.00% this year, but quarterly earnings will post 39.30% year-over-year.

Jet.AI Inc (JTAI) Top Institutional Holders

23.0 institutions hold shares in Jet.AI Inc (JTAI), with institutional investors hold 2.19% of the company’s shares. The shares outstanding are 24.58M, and float is at 19.71M with Short Float at 37.63%. Institutions hold 1.91% of the Float.

Jet.AI Inc (JTAI) Insider Activity

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