Jetblue Airways Corp (JBLU): Uncovering A True Diamond In The Rough

Jetblue Airways Corp (NASDAQ:JBLU) currently has a daily average trading volume of 18.13M but it saw 3868869 shares traded in last market. With a market cap of 2.78B USD, the company’s current market price of $7.85 came rising about 2.21 while comparing to the previous closing price of $7.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.07 and as low as $4.49. In the recent trading on the day, stock has struck highest price mark of $7.5701 while lowest mark touched by it was $7.86.

Taking a look at 20-day trading activity of Jetblue Airways Corp (JBLU) gives us an average price of $6.83, while its current price level is -2.73% below from 52-week high level whereas it is 74.64% 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 $6.67 while that of 200 days or SMA-200 reads an average of $6.18. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.30% during that period while stretching the period over a month that decreases to 5.54%. 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 65.97 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Morgan Stanley which resumed the stock as “Equal-Weight” in its note to investors issued on December 11, 2024, recommending a price target of $8 for it. Goldman also issued its recommendations for the stock as it resumed the price target for the stock is $5.50.

Over the week, JBLU’s stock price is moving 7.05% up while it is 28.33% when we observe its performance for the past one month. Year-to-date it is 40.81% up and over the past year, the stock is showing an upside performance of 35.68%.

Currently, Jetblue Airways Corp’s total number of outstanding shares is 347.00M. Company’s return on investment (ROI) stands at -7.76% and return on equity (ROE) at -28.20%. Stock’s beta reads 1.88. Stock has a price to book (P/B) ratio of 1.03 while price to sale or P/S ratio amounts to 0.30. Its return on asset (ROA) is -5.69% on average.