Joby Aviation Inc (NYSE: JOBY) is -4.31% lower 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 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 $7.86 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $7.78, the stock is -6.07% and -6.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.04 million and changing -1.02% at the moment leaves the stock 27.26% off its SMA200. JOBY registered 32.99% gain for a year compared to 6-month gain of 58.45%. The firm has a 50-day simple moving average (SMA 50) of $8.3428 and a 200-day simple moving average (SMA200) of $6.11335.
The stock witnessed a -24.25% loss in the last 1 month and extending the period to 3 months gives it a 52.55%, and is -5.81% 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 5.79% over the week and 6.42% over the month.
Joby Aviation Inc (JOBY) has around 1777 employees, a market worth around $5.95B and $1.11M in sales. Profit margin for the company is -42844.56%. Distance from 52-week low is 72.89% and -27.43% 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
361.0 institutions hold shares in Joby Aviation Inc (JOBY), with institutional investors hold 60.72% of the company’s shares. The shares outstanding are 717.09M, and float is at 440.30M with Short Float at 14.06%. Institutions hold 40.04% 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 Sciarra Paul Cahill, the company’s Director. SEC filings show that Sciarra Paul Cahill sold 333,334 shares of the company’s common stock on Feb 03 ’25 at a price of $8.02 per share for a total of $2.67 million. Following the sale, the insider now owns 58.66 million shares.
Still, SEC filings show that on Jan 17 ’25, Simi Bonny W (President of Operations) disposed off 31,489 shares at an average price of $8.33 for $0.26 million. The insider now directly holds 137,097 shares of Joby Aviation Inc (JOBY).
