A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Jetblue Airways Corp’s current trading price is -53.44% away from its 52-week high, while its distance from the 52-week low is 28.65%. The stock’s price range for this time frame has been between $3.42 and $9.45. The trading volume of the company’s shares in the Industrials reached around 13.86 million for the day, which was evidently lower than the average daily volume of 16.95 million over the last three months.
Jetblue Airways Corp (JBLU) has a current stock price of $4.40. During the previous trading session, the stock witnessed a notable rise, reaching a high of $4.44 after opening at $4.15. The stock’s low for the day was $4.11, and it eventually closed at $4.19.
In terms of market performance, Jetblue Airways Corp had a somewhat inconsistent run in. The highest value for the stock in the past year was $9.45 on 07/05/23, while the lowest value was $3.42 on 10/31/23.
How Financial Performance Impacts Market Capitalization
Jetblue Airways Corp (JBLU) has experienced a quarterly decline of -29.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.47B.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.79, with a change in price of -4.36. Similarly, Jetblue Airways Corp recorded 16,690,121 in trading volume during the last 100 days, posting a change of -49.77%.
How JBLU’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for JBLU stands at 1.37. Similarly, the long-term debt-to-equity ratio is also 1.25.
JBLU Stock Stochastic Average
Jetblue Airways Corp’s raw stochastic average for the past 50 days is currently at 53.26%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 78.40%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 71.20% and 75.91%, respectively.
JBLU Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price loss of -32.10% this year. Over the last six months, there has been a stronger performance of -36.60%. The price of JBLU leaped by -1.79% during the last 30 days period. For the last 5-days stocks have improved 10.83%.