Boom Or Bust: Where Does Jet.AI Inc (NASDAQ: JTAI) Stock Go From Here?

During the last session, Jet.AI Inc (NASDAQ:JTAI)’s traded shares were 805.92 million, with the beta value of the company hitting 0.27. At the end of the trading day, the stock’s price was $0.08, reflecting an intraday loss of -11.77% or -$0.01. The company’s market capitalization is $2.01M, and the average intraday trading volume over the past 10 days was 82.87 million shares, and the average trade volume was 2.40 million shares over the past three months.

Jet.AI Inc (NASDAQ:JTAI) trade information

Jet.AI Inc (JTAI) registered a -11.77% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -11.77% in intraday trading to $0.08, hitting a weekly high. The stock’s 5-day price performance is -11.58%, and it has moved by -35.82% in 30 days. Based on these gigs, the overall price performance for the year is -96.55%. The short interest in Jet.AI Inc (NASDAQ:JTAI) is 1.58 million shares and it means that shorts have 1.13 day(s) to cover.

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Jet.AI Inc (JTAI) estimates and forecasts

In the rating firms’ projections, revenue will increase 39.30% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 6.38M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 3.7M by the end of current fiscal year.

While earnings are projected to return -18.92% in 2024.

JTAI Dividends

Jet.AI Inc is due to release its next quarterly earnings in November. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Jet.AI Inc (NASDAQ:JTAI)’s Major holders

Jet.AI Inc insiders own 42.89% of total outstanding shares while institutional holders control 0.59%, with the float percentage being 1.03%.