The stock of Jet.AI Inc (JTAI) has seen a -26.89% decrease in the past week, with a -72.60% drop in the past month, and a -85.89% decrease in the past quarter. The volatility ratio for the week is 33.20%, and the volatility levels for the past 30 days are at 21.09% for JTAI. The simple moving average for the last 20 days is -50.40% for JTAI stock, with a simple moving average of -93.94% for the last 200 days.
Is It Worth Investing in Jet.AI Inc (NASDAQ: JTAI) Right Now?
Company’s 36-month beta value is 0.19.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for JTAI is 21.10M, and currently, short sellers hold a 0.16% ratio of that floaft. The average trading volume of JTAI on November 19, 2024 was 205.06K shares.
JTAI) stock’s latest price update
The stock of Jet.AI Inc (NASDAQ: JTAI) has increased by 18.69 when compared to last closing price of 5.35. Despite this, the company has experienced a -26.89% fall in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-14 that LAS VEGAS, Nov. 14, 2024 (GLOBE NEWSWIRE) — Jet.AI (the “Company”) (Nasdaq: JTAI), an innovative private aviation and artificial intelligence (“AI”) company, today announced financial results for the third quarter ended September 30, 2024.
JTAI Trading at -66.73% from the 50-Day Moving Average
After a stumble in the market that brought JTAI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.37% of loss for the given period.
Volatility was left at 21.09%, however, over the last 30 days, the volatility rate increased by 33.20%, as shares sank -69.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -78.49% lower at present.
During the last 5 trading sessions, JTAI fell by -26.89%, which changed the moving average for the period of 200-days by -96.70% in comparison to the 20-day moving average, which settled at $12.80. In addition, Jet.AI Inc saw -98.04% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for JTAI
Current profitability levels for the company are sitting at:
- -0.82 for the present operating margin
- -0.04 for the gross margin
The net margin for Jet.AI Inc stands at -0.83. The total capital return value is set at 3.79. Equity return is now at value -809.85, with -307.17 for asset returns.
Based on Jet.AI Inc (JTAI), the company’s capital structure generated -0.3 points at debt to capital in total, while cash flow to debt ratio is standing at -5.11. The debt to equity ratio resting at -0.23. The interest coverage ratio of the stock is -77.62.
Currently, EBITDA for the company is -12.38 million with net debt to EBITDA at -0.07. When we switch over and look at the enterprise to sales, we see a ratio of 0.39. The receivables turnover for the company is 89.62for trailing twelve months and the total asset turnover is 4.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.18.
Conclusion
In a nutshell, Jet.AI Inc (JTAI) has experienced a bad performance in recent times. The stock has received mixed “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.
