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 -32.61% away from its 52-week high, while its distance from the 52-week low is 24.58%. The stock’s price range for this time frame has been between $4.49 and $8.31. The trading volume of the company’s shares in the Industrials reached around 26.73 million for the day, which was evidently higher than the average daily volume of 22.21 million over the last three months.
Jetblue Airways Corp’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $8.31 on 01/21/25, and the lowest price during the same period was recorded at $4.49 on 08/14/24.
How Financial Performance Impacts Market Capitalization
Jetblue Airways Corp (JBLU) has experienced a quarterly decline of -17.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.98B.
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 6.78, with a change in price of -1.81. Similarly, Jetblue Airways Corp recorded 21,207,598 in trading volume during the last 100 days, posting a change of -24.43%.
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 3.46. Similarly, the long-term debt-to-equity ratio is also 3.28.
JBLU Stock Stochastic Average
The raw stochastic average for Jetblue Airways Corp over the last 50 days is presently at 9.06%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 10.80%. Further, the company’s Stochastic %K and %D values for the last 20 days were 7.66% and 7.43%, respectively.
JBLU Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price decrease of -28.75%. However, over the past six months, we’ve seen a stronger performance of -0.88%. The price of JBLU leaped by -15.28% over the last 30 days. And in the last five days, it has fallen by -8.35%.
