Joby Aviation Inc (NYSE:JOBY)’s traded shares stood at 0.94 million during the latest session, with the company’s beta value hitting 2.07. At the last check today, the stock’s price was $5.43, to imply an increase of 0.09% or $0.01 in intraday trading. The JOBY share’s 52-week high remains $11.98, putting it -120.63% down since that peak but still an impressive 31.49% since price per share fell to its 52-week low of $3.72. The company has a valuation of $3.81B, with an average of 5.81 million shares in intraday trading volume over the past 10 days and average of 5.09 million shares over the past 3 months.
Joby Aviation Inc (NYSE:JOBY) trade information
After registering a 0.09% upside in the latest session, Joby Aviation Inc (JOBY) has traded red over the past five days. The stock hit a weekly high of 5.44, jumping 0.09% in its intraday price action. The 5-day price performance for the stock is 3.14%, and -1.54% over 30 days. With these gigs, the year-to-date price performance is -18.42%. Short interest in Joby Aviation Inc (NYSE:JOBY) saw shorts transact 73.84 million shares and set a 12.79 days time to cover.
Joby Aviation Inc (JOBY) estimates and forecasts
Looking at statistics comparing Joby Aviation Inc share performance against respective industry, we note that the company has outperformed competitors. Joby Aviation Inc (JOBY) shares are -16.15% down over the last 6 months, with its year-to-date growth rate higher than industry average at 8.86% against -0.60%. Revenue is forecast to grow 10.50% this quarter before jumping 60.00% for the next one. The rating firms project that company’s revenue will grow 151.60% compared to the previous financial year.
JOBY Dividends
Joby Aviation Inc has its next earnings report out on February 21. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Joby Aviation Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Joby Aviation Inc (NYSE:JOBY)’s Major holders
Joby Aviation Inc insiders hold 36.88% of total outstanding shares, with institutional holders owning 41.50% of the shares at 65.74% float percentage. In total, 41.50% institutions holds shares in the company, led by Baillie Gifford and Company. As of Dec 30, 2023, the company held over 56.32 million shares (or 8.01% of shares), all amounting to roughly $302.72 million.
The next major institution holding the largest number of shares is Capricorn Investment Group LLC with 40.36 million shares, or about 5.74% of shares outstanding. As of the market price on Dec 30, 2023, these shares were worth $216.94 million.
We also have Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund as the top two Mutual Funds with the largest holdings of the Joby Aviation Inc (JOBY) shares. Going by data provided on Dec 30, 2023, Vanguard Total Stock Market Index Fund holds roughly 10.16 million shares. This is just over 1.45% of the total shares, with a market valuation of $54.63 million. Data from the same date shows that the other fund manager holds a little less at 7.98 million, or 1.14% of the shares, all valued at about 42.89 million.
