Joby Aviation Inc (NYSE:JOBY) shares, rose in value, with the stock price up by 0.26% to the previous day’s close as strong demand from buyers drove the stock to $5.80.
Actively observing the price movement in the recent trading, the stock is buoying the session at $5.79, falling within a range of $5.74 and $5.998. The value of beta (5-year monthly) is 2.348. Referring to stock’s 52-week performance, its high was $10.72, and the low was $4.50. On the whole, JOBY has fluctuated by -10.55% over the past month.
With the market capitalization of Joby Aviation Inc currently standing at about $4.57 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-25.
Wall Street analysts also predicted that the company’s y-o-y revenues would reach 539.2k.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that JOBY’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of JOBY currently trading nearly -3.89% and -11.32% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.97, while the 7-day volatility ratio is showing 5.64% which for the 30-day chart, stands at 7.05%. Furthermore, Joby Aviation Inc (JOBY)’s beta value is 2.28, and its average true range (ATR) is 0.44.
A comparison of Joby Aviation Inc (JOBY) with its peers suggests the former has fared considerably weaker in the market. JOBY showed an intraday change of 0.26% in today’s session so far, and over the past year, it grew by 26.20%%.
Data on historical trading for Joby Aviation Inc (NYSE:JOBY) indicates that the trading volumes over the past 10 days have averaged 14.43 and over the past 3 months, they’ve averaged 11.97 million. According to company’s latest data on outstanding shares, there are 784.18 million shares outstanding.
Nearly 45.11% of Joby Aviation Inc’s shares belong to company insiders and institutional investors own 32.46% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 69.82 million shares as on 2025-03-31, resulting in a short ratio of 6.54. According to the data, the short interest in Joby Aviation Inc (JOBY) stood at 1452.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 64.41 million. The stock has fallen by -28.60% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the JOBY stock heading into the next quarter.
