A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Joby Aviation Inc’s current trading price is -20.66% away from its 52-week high, while its distance from the 52-week low is 89.01%. The stock’s price range for this time frame has been between $4.50 and $10.72. The trading volume of the company’s shares in the Industrials reached around 5.23 million for the day, which was evidently lower than the average daily volume of 19.96 million over the last three months.
Joby Aviation Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $10.72 on 01/07/25, and the lowest price during that time was $4.50, recorded on 04/22/24.
How Financial Performance Impacts Market Capitalization
Joby Aviation Inc (JOBY) has experienced a quarterly rise of 36.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.51B and boasts a workforce of 1777 employees.
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 6.67, with a change in price of +3.48. Similarly, Joby Aviation Inc recorded 15,875,391 in trading volume during the last 100 days, posting a change of +69.60%.
How JOBY’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 JOBY stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.03.
JOBY Stock Stochastic Average
Joby Aviation Inc’s raw stochastic average for the past 50 days is currently at 57.74%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 25.08%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 34.40% and 40.88%, respectively.
JOBY Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Year to date metric has recorded a gain of 4.62%.However, over the last six months, we can see a weaker performance of 37.63%. Over the last 30 days, the price of JOBY has fallen by 11.62%. And in the last five days, it has surged by 4.11%.