Joby Aviation Inc (NYSE: JOBY) is 11.44% higher on its value in year-to-date trading and has touched a low of $4.50 and a high of $10.72 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 JOBY stock was last observed hovering at around $8.17 in the last trading session, with the day’s gains setting it 0.89%.
Currently trading at $9.06, the stock is 5.89% and 16.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.52 million and changing 10.89% at the moment leaves the stock 53.97% off its SMA200. JOBY registered 61.79% gain for a year compared to 6-month gain of 38.74%. The firm has a 50-day simple moving average (SMA 50) of $7.6666 and a 200-day simple moving average (SMA200) of $5.86345.
The stock witnessed a 9.95% loss in the last 1 month and extending the period to 3 months gives it a 64.43%, and is 13.82% up 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 7.74% over the week and 9.60% over the month.
Joby Aviation Inc (JOBY) has around 1777 employees, a market worth around $6.93B and $1.11M in sales. Profit margin for the company is -42844.56%. Distance from 52-week low is 101.33% and -15.49% from its 52-week high. The company has generated returns on investments over the last 12 months (-59.02%).
with sales reaching $44.75k over the same period.The EPS is expected to grow by 9.04% this year, but quarterly earnings will post -80.15% year-over-year. Quarterly sales are estimated to shrink -95.66% in year-over-year returns.
Joby Aviation Inc (JOBY) Top Institutional Holders
347.0 institutions hold shares in Joby Aviation Inc (JOBY), with institutional investors hold 60.63% of the company’s shares. The shares outstanding are 717.09M, and float is at 440.29M with Short Float at 15.03%. Institutions hold 40.00% 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
The most recent transaction is an insider sale by Simi Bonny W, the company’s President of Operations. SEC filings show that Simi Bonny W sold 31,489 shares of the company’s common stock on Jan 17 ’25 at a price of $8.33 per share for a total of $0.26 million. Following the sale, the insider now owns 0.14 million shares.
Still, SEC filings show that on Jan 15 ’25, Novikov Sergey disposed off 212 shares at an average price of $8.35 for $1770.0. The insider now directly holds 45,727 shares of Joby Aviation Inc (JOBY).
