Joby Aviation Inc’s recent filing unveils that its President of Aircraft OEM Papadopoulos Didier unloaded Company’s shares for reported $28262.0 on Apr 18 ’24. In the deal valued at $4.64 per share,6,091 shares were sold. As a result of this transaction, Papadopoulos Didier now holds 76,284 shares worth roughly $0.36 million.
Then, Bevirt JoeBen sold 5,448 shares, generating $25,279 in total proceeds. Upon selling the shares at $4.64, the CEO and Chief Architect now owns 662,605 shares.
Before that, Simi Bonny W sold 5,243 shares. Joby Aviation Inc shares valued at $24,328 were divested by the President of Operations at a price of $4.64 per share. As a result of the transaction, Simi Bonny W now holds 148,566 shares, worth roughly $0.7 million.
JP Morgan downgraded its Joby Aviation Inc [JOBY] rating to an Underweight from a a Neutral in a research note published on July 19, 2023; the price target was increased to $6 from $5. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who began to cover the stock in early June with a ‘”a Buy”‘ rating. Deutsche Bank also remained covering JOBY and has decreased its forecast on March 07, 2023 with a “Sell” recommendation from previously “Hold” rating. Raymond James started covering the stock on July 27, 2022. It rated JOBY as “a Mkt perform”.
Price Performance Review of JOBY
On Monday, Joby Aviation Inc [NYSE:JOBY] saw its stock jump 3.52% to $4.70. Over the last five days, the stock has gained 0.43%. Joby Aviation Inc shares have fallen nearly -29.32% since the year began. Nevertheless, the stocks have risen 22.72% over the past one year. While a 52-week high of $11.98 was reached on 01/02/24, a 52-week low of $3.72 was recorded on 04/22/24. SMA at 50 days reached $5.29, while 200 days put it at $6.39. A total of 3.87 million shares were traded, compared to the trading of 3.59 million shares in the previous session.
Levels Of Support And Resistance For JOBY Stock
The 24-hour chart illustrates a support level at 4.56, which if violated will result in even more drops to 4.41. On the upside, there is a resistance level at 4.79. A further resistance level may holdings at 4.87. The Relative Strength Index (RSI) on the 14-day chart is 40.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.21%. Stochastics %K at 12.68% indicates the stock is a buying.
The most recent change occurred on April 28, 2022 when JP Morgan began covering the stock and recommended ‘”a Neutral”‘ rating along with a $7 price target.
