1 week Ago By ABMN Staff
Joby Aviation, Inc. ( NYSE:JOBY – Get Free Report ) insider Sergey Novikov sold 1,835 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $8.
08, for a total value of $14,826.80. Following the transaction, the insider now directly owns 45,434 shares of the company’s stock, valued at $367,106.
72. This represents a 3.88 % decrease in their position.
The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link . Joby Aviation Price Performance JOBY stock opened at $9.77 on Friday.
The firm has a market capitalization of $7.47 billion, a P/E ratio of -13.96 and a beta of 2.
32. Joby Aviation, Inc. has a 52-week low of $4.
50 and a 52-week high of $9.82. The company’s 50 day simple moving average is $7.
18 and its 200-day simple moving average is $6.04. Joby Aviation ( NYSE:JOBY – Get Free Report ) last announced its earnings results on Wednesday, November 6th.
The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($0.
02). The firm had revenue of $0.28 million for the quarter, compared to analyst estimates of $0.
06 million. Joby Aviation had a negative net margin of 42,844.57% and a negative return on equity of 51.
76%. During the same period last year, the firm earned ($0.13) earnings per share.
Sell-side analysts predict that Joby Aviation, Inc. will post -0.69 EPS for the current fiscal year.
Institutional Investors Weigh In On Joby Aviation Analysts Set New Price Targets A number of equities research analysts have weighed in on the stock. HC Wainwright reissued a “buy” rating and issued a $9.00 price target on shares of Joby Aviation in a report on Wednesday, December 18th.
Cantor Fitzgerald restated an “overweight” rating and set a $10.00 target price on shares of Joby Aviation in a report on Monday, September 30th. JPMorgan Chase & Co.
dropped their price target on Joby Aviation from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, October 29th.
Canaccord Genuity Group reduced their price objective on Joby Aviation from $10.50 to $9.75 and set a “buy” rating for the company in a research note on Tuesday, October 29th.
Finally, Needham & Company LLC initiated coverage on Joby Aviation in a research report on Tuesday, November 19th. They set a “buy” rating and a $8.00 target price on the stock.
One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $8.35.
View Our Latest Analysis on JOBY Joby Aviation Company Profile ( Get Free Report ) Joby Aviation, Inc, a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. The company intends to build an aerial ridesharing service, as well as developing an application-based platform that will enable consumers to book rides. Read More Receive News & Ratings for Joby Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Joby Aviation and related companies with MarketBeat.
com's FREE daily email newsletter ..
