Joby Aviation Inc (NYSE: JOBY) is -15.64% 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 $5.73 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $5.61, the stock is 2.17% and 3.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.69 million and changing -2.09% at the moment leaves the stock 5.20% off its SMA200. JOBY registered -6.34% loss for a year compared to 6-month gain of 13.33%. The firm has a 50-day simple moving average (SMA 50) of $5.4272 and a 200-day simple moving average (SMA200) of $5.33325.
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The stock witnessed a 0.00% loss in the last 1 month and extending the period to 3 months gives it a 11.09%, and is -10.53% 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 7.15% over the week and 6.99% over the month.
Joby Aviation Inc (JOBY) has around 1777 employees, a market worth around $4.16B and $1.11M in sales. Profit margin for the company is -42844.56%. Distance from 52-week low is 24.67% and -27.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-59.02%).
The EPS is expected to grow by 9.74% this year.
Joby Aviation Inc (JOBY) Top Institutional Holders
334.0 institutions hold shares in Joby Aviation Inc (JOBY), with institutional investors hold 60.50% of the company’s shares. The shares outstanding are 698.26M, and float is at 435.22M with Short Float at 17.94%. Institutions hold 39.92% 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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Joby Aviation Inc disclosed in a document filed with the SEC on Oct 16 ’24 that DeHoff Katesold a total of 27,898 shares of the company’s common stock. The trade occurred on Oct 16 ’24 and was made at $5.50 per share for $0.15 million. Following the transaction, the insider now directly holds 0.2 million shares of the JOBY stock.
Still, SEC filings show that on Oct 16 ’24, KATE DEHOFF (Officer) Proposed Sale 27,898 shares at an average price of $5.42 for $0.15 million. The insider now directly holds shares of Joby Aviation Inc (JOBY).
