Jetblue Airways Corp (NASDAQ:JBLU) price closed lower on Friday, April 12, dropping -1.75% below its previous close.
A look at the daily price movement shows that the last close reads $6.87. The company’s 5Y monthly beta was ticking 1.85. Taking into account the 52-week price action we note that the stock hit a 52-week high of $9.45 and 52-week low of $3.42. The stock subtracted -3.57% on its value in the past month.
Jetblue Airways Corp, which has a market valuation of $2.29 billion, is expected to release its quarterly earnings report Apr 23, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give JBLU a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that JBLU’s price is at present -4.39% off the SMA20 and 0.16% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 45.74, with weekly volatility standing at 4.01%. The indicator jumps to 4.29% when calculated based on the past 30 days. Jetblue Airways Corp (NASDAQ:JBLU)’s beta value is holding at 1.85, while the average true range (ATR) indicator is currently reading 0.31. An analysis of the Jetblue Airways Corp (NASDAQ:JBLU) stock in terms of its daily trading volume indicates that the 3-month average is 16.45 million.
Current records show that the company has 339.00M in outstanding shares. The insiders’ percentage holdings are 0.38% of outstanding shares while the percentage share held by institutions stands at 79.76%. But the 21.62% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
