In today’s recent session, 62.27 million shares of the Jet.AI Inc (NASDAQ:JTAI) have been traded, and its beta is 0.26. Most recently the company’s share price was $0.07, and it changed around $0.0 or 6.48% from the last close, which brings the market valuation of the company to $1.78M. JTAI at last check was trading at a discount to its 52-week high of $4.47, offering almost -6285.71% off that amount. We note from Jet.AI Inc’s average daily trading volume that its 10-day average is 92.9 million shares, with the 3-month average coming to 34.34 million.
Jet.AI Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended JTAI as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Jet.AI Inc is expected to report earnings per share of -0.08 for the current quarter.
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Jet.AI Inc (NASDAQ:JTAI) trade information
Instantly JTAI has been showing a green trend so far today with a performance of 6.48% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.1055 on recent trading dayincreased the stock’s daily price by 33.65%. The company’s shares are currently down -94.98% year-to-date, but still down -20.64% over the last five days. On the other hand, Jet.AI Inc (NASDAQ:JTAI) is -26.37% down in the 30-day period. We can see from the shorts that 7.42 million shares have been sold at a short interest cover period of 0.12 day(s).
Jet.AI Inc (JTAI) estimates and forecasts
The year-over-year growth rate is expected to be 39.30%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 6.38M in revenue for the current quarter. 1 analysts expect Jet.AI Inc to make 3.7M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at -11.50%.
JTAI Dividends
Jet.AI Inc’s next quarterly earnings report is expected to be released on 2024-Aug-14.
Jet.AI Inc (NASDAQ:JTAI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 13.61% of Jet.AI Inc shares, and 2.07% of them are in the hands of institutional investors. The stock currently has a share float of 2.40%.
Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund were the top two Mutual Funds as of Jun 30, 2024. The former held 42.98 shares worth $3107.0, making up 0.13% of all outstanding shares. On the other hand, Fidelity Extended Market Index Fund held roughly 20.69 shares worth around $1495.0, which represents about 0.06% of the total shares outstanding.
