Jetblue Airways Corp (NASDAQ:JBLU) currently has a daily average trading volume of 20.89M but it saw 16554402 shares traded in last market. With a market cap of 2.29B USD, the company’s current market price of $6.50 came falling about -2.84 while comparing to the previous closing price of $6.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.31 and as low as $4.49.
Taking a look at 20-day trading activity of Jetblue Airways Corp (JBLU) gives us an average price of $6.66, while its current price level is -21.78% below from 52-week high level whereas it is 44.61% 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 $7.18 while that of 200 days or SMA-200 reads an average of $6.28. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.88% during that period while stretching the period over a month that increases to 6.22%. 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 44.51 which implies that the stock is in neutral territory.
BofA Securities downgraded its recommendation for the stock as a “Underperform” from “Neutral” on January 17, 2025 while assigning a price target of $6.50. Morgan Stanley issued its recommendations for the stock as it resumed the price target for the stock is $8.
Over the week, JBLU’s stock price is moving -10.22% down while it is 8.15% when we observe its performance for the past one month. Year-to-date it is -17.30% down and over the past year, the stock is showing an upside performance of 1.72%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of -0.62 while estimate for next year EPS is -0.72. In next quarter, company is expected to be making quarterly sales of $2.57B as analysts are expecting the sales for current fiscal year at $9.74B and seeing the company making $10.34B in sales next year. Moreover, analysts are in estimates of $2.19B for current-quarter revenue.
Currently, Jetblue Airways Corp’s total number of outstanding shares is 353.00M with 10.48% of that held by the insiders while 95.23% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -7.04% and return on equity (ROE) at -26.60%. Stock’s beta reads 1.80. Stock has a price to book (P/B) ratio of 0.87 while price to sale or P/S ratio amounts to 0.25. Its return on asset (ROA) is -4.70% on average.
