In the past week, JBLU stock has gone down by -9.11%, with a monthly decline of -27.40% and a quarterly plunge of -41.81%. The volatility ratio for the week is 4.43%, and the volatility levels for the last 30 days are 3.54% for JetBlue Airways Corporation The simple moving average for the last 20 days is -18.21% for JBLU stock, with a simple moving average of -36.30% for the last 200 days.
Is It Worth Investing in JetBlue Airways Corporation (NASDAQ: JBLU) Right Now?
The price-to-earnings ratio for JetBlue Airways Corporation (NASDAQ: JBLU) is 61.71x, which is above its average ratio. Moreover, the 36-month beta value for JBLU is 1.69. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 9 as “hold,” and 2 as “sell.”
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The average price recommended by analysts for JetBlue Airways Corporation (JBLU) is $6.41, which is $1.7 above the current market price. The public float for JBLU is 332.16M and currently, short sellers hold a 8.58% of that float. On September 19, 2023, JBLU’s average trading volume was 17.46M shares.
JBLU) stock’s latest price update
The stock price of JetBlue Airways Corporation (NASDAQ: JBLU) has plunged by -5.63 when compared to previous closing price of 4.97, but the company has seen a -9.11% decline in its stock price over the last five trading sessions. WSJ reported 2023-09-16 that Investors are worried that the postpandemic travel surge will fade.
JBLU Trading at -31.42% from the 50-Day Moving Average
After a stumble in the market that brought JBLU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.37% of loss for the given period.
Volatility was left at 3.54%, however, over the last 30 days, the volatility rate increased by 4.43%, as shares sank -26.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -47.48% lower at present.
During the last 5 trading sessions, JBLU fell by -9.11%, which changed the moving average for the period of 200-days by -39.41% in comparison to the 20-day moving average, which settled at $5.65. In addition, JetBlue Airways Corporation saw -27.62% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at JBLU starting from Spencer Gerald Alfred, who sale 11,879 shares at the price of $6.35 back on Aug 18. After this action, Spencer Gerald Alfred now owns 0 shares of JetBlue Airways Corporation, valued at $75,432 using the latest closing price.
Stock Fundamentals for JBLU
Current profitability levels for the company are sitting at:
- -1.94 for the present operating margin
- +1.21 for the gross margin
The net margin for JetBlue Airways Corporation stands at -3.95. The total capital return value is set at -2.14, while invested capital returns managed to touch -4.68. Equity return is now at value 0.80, with 0.20 for asset returns.
Based on JetBlue Airways Corporation (JBLU), the company’s capital structure generated 123.01 points at debt to equity in total, while total debt to capital is 55.16. Total debt to assets is 30.34, with long-term debt to equity ratio resting at 104.74. Finally, the long-term debt to capital ratio is 46.97.
When we switch over and look at the enterprise to sales, we see a ratio of 0.47, with the company’s debt to enterprise value settled at 0.86. The receivables turnover for the company is 34.95 and the total asset turnover is 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.51.
Conclusion
To wrap up, the performance of JetBlue Airways Corporation (JBLU) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
