The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price increase of 28.11%. However, over the past six months, we’ve seen a weaker performance of 61.59%. The price of JBLU leaped by -0.84% over the last 30 days. And in the last five days, it has surged by 5.33%.
The stock market performance of Jetblue Airways Corp has been very steady. Over the last year, the company’s stock hit its highest at $9.45 on 07/05/23, while the lowest price during the same time frame was $3.42, recorded on 10/31/23.
52-week price history of JBLU Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Jetblue Airways Corp’s current trading price is -24.76% away from its 52-week high, while its distance from the 52-week low is 107.89%. The stock’s price range for this period has been between $3.42 and $9.45. The Industrials sector company’s shares saw a trading volume of about 8.88 million for the day, which was lower than the average daily volume of 15.18 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Jetblue Airways Corp (JBLU) has experienced a quarterly rise of 42.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.41B.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.08, with a change in price of +2.87. Similarly, Jetblue Airways Corp recorded 16,299,846 in trading volume during the last 100 days, posting a change of +67.69%.
JBLU’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder 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, the raw stochastic average of Jetblue Airways Corp over the past 50 days is 78.85%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 59.63%. Additionally, the Stochastic %K and %D values for the company were 51.07% and 35.84%, respectively, over the past 20 days.
