In today’s recent session, 0.47 million shares of the Jet.AI Inc (NASDAQ:JTAI) have been traded, and its beta is 0.19. Most recently the company’s share price was $5.62, and it changed around $0.27 or 5.00% from the last close, which brings the market valuation of the company to $4.05M. JTAI at last check was trading at a discount to its 52-week high of $1005.75, offering almost -17795.91% off that amount. The share price’s 52-week low was $5.17, which indicates that the recent value has risen by an impressive 8.01% since then. We note from Jet.AI Inc’s average daily trading volume that its 10-day average is 0.28 million shares, with the 3-month average coming to 205.06K.
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 2 analysts rate the stock as a Sell; another 1 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 -2.12 for the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Jet.AI Inc (NASDAQ:JTAI) trade information
Instantly JTAI has been showing a green trend so far today with a performance of 5.00% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 10.36 on recent trading dayincreased the stock’s daily price by 45.75%. The company’s shares are currently down -98.27% year-to-date, but still down -35.32% over the last five days. On the other hand, Jet.AI Inc (NASDAQ:JTAI) is -75.76% down in the 30-day period. We can see from the shorts that 48248.0 shares have been sold at a short interest cover period of 0.11 day(s).
Jet.AI Inc (JTAI) estimates and forecasts
Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 93.32% in revenue this quarter, and will report an increase of 97.44% in the next quarter. The year-over-year growth rate is expected to be 19.11%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 3.7M in revenue for the current quarter. 1 analysts expect Jet.AI Inc to make 3.9M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 4.18M and 3.85M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -11.50%. Forecasts for the next quarter put sales growth at 1.36%.
