Joby Aviation Inc’s recently made public 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 $0.42 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 $0.82 million.
JP Morgan upgraded its Joby Aviation Inc [JOBY] rating to a Neutral from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in mid July from “a Neutral” to “an Underweight”. Canaccord Genuity began covering JOBY with “Buy” recommendation on June 09, 2023. Deutsche Bank revised its rating on March 07, 2023. It rated JOBY as “a Sell” which previously was an “a Hold”.
Price Performance Review of JOBY
On Monday, Joby Aviation Inc [NYSE:JOBY] saw its stock jump 2.79% to $5.53. Over the last five days, the stock has gained 6.55%. Joby Aviation Inc shares have fallen nearly -16.84% since the year began. Nevertheless, the stocks have risen 29.81% over the past one year. While a 52-week high of $11.98 was reached on 01/02/24, a 52-week low of $4.06 was recorded on 04/22/24. SMA at 50 days reached $5.13, while 200 days put it at $6.15. A total of 3.92 million shares were traded, compared to the trading of 4.66 million shares in the previous session.
Levels Of Support And Resistance For JOBY Stock
The 24-hour chart illustrates a support level at 5.44, which if violated will result in even more drops to 5.36. On the upside, there is a resistance level at 5.60. A further resistance level may holdings at 5.68. The Relative Strength Index (RSI) on the 14-day chart is 64.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 5.50%. Stochastics %K at 89.31% indicates the stock is a selling.
The most recent change occurred on July 27, 2022 when Raymond James began covering the stock and recommended ‘”a Mkt perform”‘ rating.
