In the latest trading session,, 5.14 million Jet.AI Inc (NASDAQ:JTAI) shares changed hands as the company’s beta touched -0.26. With the company’s most recent per share price at $3.95 changing hands around $0.13 or 3.40% at last look, the market valuation stands at $8.63M. JTAI’s current price is a discount, trading about -4343.04% off its 52-week high of $175.50. The share price had its 52-week low at $2.30, which suggests the last value was 41.77% up since then. When we look at Jet.AI Inc’s average trading volume, we note the 10-day average is 53240.0 shares, with the 3-month average coming to 4.82 million.
Jet.AI Inc (NASDAQ:JTAI) trade information
Instantly JTAI is in green as seen in intraday trades today. With action 5.90%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -13.00%, with the 5-day performance at 5.90% in the green. However, in the 30-day time frame, Jet.AI Inc (NASDAQ:JTAI) is -5.50% down. Looking at the short shares, we see there were 0.17 million shares sold at short interest cover period of 1.04 days.
Jet.AI Inc (JTAI) estimates and forecasts
Year-over-year growth is forecast to reach 14.19% 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 3.9M. 1 analysts are of the opinion that Jet.AI Inc’s revenue for the current quarter will be 3.75M. The company’s revenue for the corresponding quarters a year ago was 3.85M and 3.08M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 1.36%. The estimates for the next quarter sales put growth at 21.58%.
The 2025 estimates are for Jet.AI Inc earnings to increase by 94.30%.
JTAI Dividends
Jet.AI Inc is expected to release its next quarterly earnings report on 2025-Mar-25.
Jet.AI Inc (NASDAQ:JTAI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.43% of Jet.AI Inc shares while 0.85% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 0.87%. There are 0.85% institutions holding the Jet.AI Inc stock share, with STATE STREET CORP the top institutional holder. As of 2024-06-30, the company held 0.4353% of the shares, roughly 76900.0 JTAI shares worth $26000.0.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 0.2433% or 42979.0 shares worth $14531.0 as of 2024-06-30.
Among Mutual Funds, the top two as of Feb 28, 2025 were Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund . With 5.22 shares estimated at $20659.0 under it, the former controlled 0.24% of total outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund held about 0.04% of the shares, roughly 940.0 shares worth around $3722.0.
