The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 27.66%.However, over the last six months, we can see a weaker performance of 56.75%. Over the last 30 days, the price of JBLU has fallen by 10.53%. And in the last five days, it has surged by 2.09%.
Jetblue Airways Corp’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $9.45 on 07/05/23 and a low of $3.42 for the same time frame on 10/31/23.
52-week price history of JBLU Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Jetblue Airways Corp’s current trading price is -25.03% away from its 52-week high, while its distance from the 52-week low is 107.16%. The stock’s price range during this period has varied between$3.42 and $9.45. The Jetblue Airways Corp’s shares, which operate in the Industrials, saw a trading volume of around 1.64 million for the day, a figure considerably lower than their average daily volume of 17.72 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Jetblue Airways Corp (JBLU) has experienced a quarterly rise of 23.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.40B.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.57, with a change in price of +2.89. Similarly, Jetblue Airways Corp recorded 17,193,127 in trading volume during the last 100 days, posting a change of +68.81%.
JBLU’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for JBLU stands at 1.61. Similarly, the long-term debt-to-equity ratio is also 1.49.
JBLU Stock Stochastic Average
As of today, Jetblue Airways Corp’s raw stochastic average for the last 50 days stands at 84.77%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 63.75%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 68.47% and 66.64%, respectively.
