Jet.AI Inc (NASDAQ: JTAI) Is One Stock You Should Watch

Jet.AI Inc (NASDAQ:JTAI)’s traded shares stood at 46.07 million during the last session, with the company’s beta value hitting 0.27. At the close of trading, the stock’s price was $0.09, to imply a decrease of -10.04% or -$0.01 in intraday trading. The JTAI share’s 52-week high remains $4.47, putting it -4866.67% down since that peak but still an impressive 11.11% since price per share fell to its 52-week low of $0.08. The company has a valuation of $2.20M, with an average of 199.27 million shares in intraday trading volume over the past 10 days and average of 32.27 million shares over the past 3 months.

Jet.AI Inc (NASDAQ:JTAI) trade information

After registering a -10.04% downside in the last session, Jet.AI Inc (JTAI) has traded red over the past five days. The 5-day price performance for the stock is 4.07%, and -17.19% over 30 days. With these gigs, the year-to-date price performance is -93.78%. Short interest in Jet.AI Inc (NASDAQ:JTAI) saw shorts transact 1.58 million shares and set a 1.13 days time to cover.

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Jet.AI Inc (JTAI) estimates and forecasts

The rating firms project that company’s revenue will grow 39.30% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 6.38M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 3.7M.

JTAI Dividends

Jet.AI Inc has its next earnings report out on 2024-Aug-14. 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.

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

Jet.AI Inc insiders hold 11.68% of total outstanding shares, with institutional holders owning 2.45% of the shares at 2.77% float percentage. In total, 2.45% institutions holds shares in the company.

We also have Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Jet.AI Inc (JTAI) shares. Going by data provided on Jun 30, 2024 , Vanguard Extended Market Index Fund holds roughly 42.98 shares. This is just over 0.13% of the total shares, with a market valuation of $3850.0. Data from the same date shows that the other fund manager holds a little less at 20.69, or 0.06% of the shares, all valued at about 1853.0.