JTAI Stock: More Upside For Jet.AI Inc (NASDAQ: JTAI)?

In the last trading session, 344.89 million Jet.AI Inc (NASDAQ:JTAI) shares changed hands as the company’s beta touched 0.26. With the company’s per share price at $0.10 changed hands at $0.0 or 6.30% during last session, the market valuation stood at $2.53M. JTAI’s last price was a discount, traded about -4370.0% off its 52-week high of $4.47. The share price had its 52-week low at $0.08, which suggests the last value was 20.0% up since then. When we look at Jet.AI Inc’s average trading volume, we note the 10-day average is 182.36 million shares, with the 3-month average coming to 24.95 million.

Jet.AI Inc (NASDAQ:JTAI) trade information

Instantly JTAI was in green as seen at the end of in last trading. With action 1.98%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -92.85%, with the 5-day performance at 1.98% in the green. However, in the 30-day time frame, Jet.AI Inc (NASDAQ:JTAI) is -14.88% down. Looking at the short shares, we see there were 1.58 million shares sold at short interest cover period of 1.13 days.

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Jet.AI Inc (JTAI) estimates and forecasts

Year-over-year growth is forecast to reach 39.30% up from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 6.38M. 1 analysts are of the opinion that Jet.AI Inc’s revenue for the current quarter will be 3.7M. The estimates for the next quarter sales put growth at -11.50%.

The 2024 estimates are for Jet.AI Inc earnings to decrease by -18.92%.

JTAI Dividends

Jet.AI Inc is expected to release its next quarterly earnings report in November.

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

If we look at who the major shareholders are, we find that insiders hold 21.77% of Jet.AI Inc shares while 4.57% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 5.84%.