Jet.AI Inc (NASDAQ:JTAI) currently has a daily average trading volume of 37.79M but it saw 24026022 shares traded in last market. With a market cap of 9.18M USD, the company’s current market price of $0.06 came falling about -1.64 while comparing to the previous closing price of $0.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.47 and as low as $0.06. In the recent trading on the day, stock has struck highest price mark of $0.0546 while lowest mark touched by it was $0.0609.
Taking a look at 20-day trading activity of Jet.AI Inc (JTAI) gives us an average price of $0.0805, while its current price level is -98.66% below from 52-week high level whereas it is 0.84% 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 $0.1022 while that of 200 days or SMA-200 reads an average of $0.5019. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.26% during that period while stretching the period over a month that increases to 29.74%. 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 34.80 which implies that the stock is in neutral territory.
Over the week, JTAI’s stock price is moving -5.08% down while it is -31.74% when we observe its performance for the past one month. Year-to-date it is -95.85% down and over the past year, the stock is showing a downside performance of -94.84%.
The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of -0.08 while estimate for next year EPS is -0.57. In next quarter, company is expected to be making quarterly sales of $3.7M as analysts are expecting the sales for current fiscal year at $17.01M and seeing the company making $16.97M in sales next year. Moreover, analysts are in estimates of $6.38M for current-quarter revenue.
Currently, Jet.AI Inc’s total number of outstanding shares is 24.58M. 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 0.63. Its return on asset (ROA) is -160.09% on average.
