It’s Not A Fantasy To Think That Jet.AI Inc (JTAI) Has Big Future Potential

Jet.AI Inc (NASDAQ:JTAI) currently has a daily average trading volume of 1.54M but it saw 1407678 shares traded in last market. With a market cap of 4.96M USD, the company’s current market price of $0.20 came rising about 6.83 while comparing to the previous closing price of $0.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.10 and as low as $0.19. In the recent trading on the day, stock has struck highest price mark of $0.1891 while lowest mark touched by it was $0.218.

Taking a look at 20-day trading activity of Jet.AI Inc (JTAI) gives us an average price of $0.2513, while its current price level is -96.04% below from 52-week high level whereas it is 8.55% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.3277 while that of 200 days or SMA-200 reads an average of $0.9196. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.09% during that period while stretching the period over a month that increases to 14.41%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 32.98 which implies that the stock is in neutral territory.

Over the week, JTAI’s stock price is moving -13.12% down while it is -28.91% when we observe its performance for the past one month. Year-to-date it is -85.98% down and over the past year, the stock is showing a downside performance of -95.51%.

Currently, Jet.AI Inc’s total number of outstanding shares is 9.75M. Company’s return on equity (ROE) at -809.85%. Stock’s beta reads 0.33. Stock has a price to sale or P/S ratio amounts to 0.34. Its return on asset (ROA) is -160.09% on average.