Jet.AI Inc (NASDAQ:JTAI) currently has a daily average trading volume of 607.82K but it saw 34694140 shares traded in last market. With a market cap of 14.30M USD, the company’s current market price of $6.13 came rising about 79.24 while comparing to the previous closing price of $3.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $607.50 and as low as $3.29. In the recent trading on the day, stock has struck highest price mark of $5.8501 while lowest mark touched by it was $9.99.
Taking a look at 20-day trading activity of Jet.AI Inc (JTAI) gives us an average price of $4.37, while its current price level is -98.99% below from 52-week high level whereas it is 86.32% 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 $9.60 while that of 200 days or SMA-200 reads an average of $80.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 22.98% during that period while stretching the period over a month that decreases to 17.65%. 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 50.35 which implies that the stock is in neutral territory.
Over the week, JTAI’s stock price is moving 41.22% up while it is 1.69% when we observe its performance for the past one month. Year-to-date it is -98.14% down and over the past year, the stock is showing a downside performance of -98.98%.
The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of -2.12 while estimate for next year EPS is -97.21. In next quarter, company is expected to be making quarterly sales of $3.9M as analysts are expecting the sales for current fiscal year at $14.55M and seeing the company making $16.01M in sales next year. Moreover, analysts are in estimates of $3.7M for current-quarter revenue.
Currently, Jet.AI Inc’s total number of outstanding shares is 1.30M. Company’s return on equity (ROE) at -809.85%. Stock’s beta reads 0.04. Stock has a price to sale or P/S ratio amounts to 0.95. Its return on asset (ROA) is -307.17% on average.
