Jet.AI Inc (JTAI) saw an uptrend of 1729442% in the recent trading with $307610.0 being its most recent. The current price level -96.81% lower than the highest price of $111.35 marked by the stock while trading over the past 52-weeks, whereas it is 54.35% higher than the lowest price of $2.30 the company dropped to over past 52-weeks. The latest news story on JTAI appeared in (GlobeNewswire) under the title “Jet.AI and Consensus Core Execute Definitive Agreement for Phased Execution of Canadian Hyperscale Data Center” on Today.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.
Jet.AI Inc Earnings – What Happened With JTAI
Coming around sales and income figures on JTAI Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Jet.AI Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 2.55 million. JTAI does have institutional investors; and they hold 3.33% of the stock.
As on 2024-06-30, STATE STREET CORP was the top most holder in Jet.AI Inc (NASDAQ:JTAI) with an ownership of 76900.0 shares of the company or 0.4353 of the stake worth $26000.0. The filing also reveals VANGUARD GROUP INC as the second largest holder in the company with a control over 0.2433 of the outstanding shares. Its stake is worth $14531.0 for having 42979.0 shares in hand.
GEODE CAPITAL MANAGEMENT, LLC also came holding a key position in the company during the recent quarter and it now holds 0.183 of the outstanding shares. With this there are now 20.0 institutions which have possession in JTAI’s shares.
Key Metrics forJTAI
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Jet.AI Inc has a debt to equity ratio of 0.07.
Technical Analysis of Jet.AI Inc (NASDAQ:JTAI) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Jet.AI Inc (JTAI), we notice that the stock’s 20-day average volume is at 331,050 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 399,358 shares. And to end, JTAI’s 100-day average volume is 3,181,795 shares with 100% of the long-term indicators pointing towards Sell for the stock.
