Jet.AI Inc (NASDAQ:JTAI) has a beta value of -0.07 and has seen 104.08 million shares traded in the last trading session. The company, currently valued at $7.84M, closed the last trade at $6.03 per share which meant it gained $3.45 on the day or 133.72% during that session. The JTAI stock price is -5123.88% off its 52-week high price of $315.00 and 61.86% above the 52-week low of $2.30. If we look at the company’s 10-day average daily trading volume, we find that it stood at 10.51 million shares traded. The 3-month trading volume is 1.12 million shares.
Jet.AI Inc (NASDAQ:JTAI) trade information
Sporting 133.72% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the JTAI stock price touched $6.03 or saw a rise of 26.46%. Year-to-date, Jet.AI Inc shares have moved 32.82%, while the 5-day performance has seen it change 135.55%. Over the past 30 days, the shares of Jet.AI Inc (NASDAQ:JTAI) have changed 64.31%. Short interest in the company has seen 0.14 million shares shorted with days to cover at 0.79.
Jet.AI Inc (JTAI) estimates and forecasts
The company’s shares have lost -89.37% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 19.11%.
1 analysts offering their estimates for the company have set an average revenue estimate of 3.7M for the current quarter. 1 have an estimated revenue figure of 3.9M for the next ending quarter. Year-ago sales stood 4.18M and 3.85M respectively for this quarter and the next, and analysts expect sales will shrink by -11.50% for the current quarter and 19.11% for the next.
Earnings growth for 2025 is a modest -16.77% while over the next 5 years, the company’s earnings are expected to increase by 77.33%.
JTAI Dividends
Jet.AI Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Jet.AI Inc (NASDAQ:JTAI)’s Major holders
Insiders own 6.58% of the company shares, while shares held by institutions stand at 2.32% with a share float percentage of 2.48%. Investors are also buoyed by the number of investors in a company, with Jet.AI Inc having a total of 15.0 institutions that hold shares in the company.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund . As of Nov 30, 2024 , the former fund manager holds about 0.02% shares in the company for having 263.0 shares of worth $1585.0 while later fund manager owns 191.0 shares of worth $1151.0 as of Sep 30, 2024 , which makes it owner of about 0.01% of company’s outstanding stock.
