In a filing, Joby Aviation Inc revealed its Officer Eric Allison acquired Company’s shares for reported $0.19 million on Oct 14 ’24. In the deal valued at $5.69 per share,33,924 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Katherine DeHoff bought 8,413 shares, generating $47,870 in total proceeds.
Before that, Field Matthew sold 11,764 shares. Joby Aviation Inc shares valued at $67,996 were divested by the insider at a price of $5.78 per share. As a result of the transaction, Field Matthew now holds 298,786 shares, worth roughly $1.7 million.
H.C. Wainwright initiated its Joby Aviation Inc [JOBY] rating to a Buy in a research note published on September 03, 2024; the price target was $9. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early May from “an Underweight” to “a Neutral”. JP Morgan also remained covering JOBY and has decreased its forecast on July 19, 2023 with a “an Underweight” recommendation from previously “Neutral” rating. Canaccord Genuity started covering the stock on June 09, 2023. It rated JOBY as “a Buy”.
Price Performance Review of JOBY
On Friday, Joby Aviation Inc [NYSE:JOBY] saw its stock jump 3.64% to $5.69. Over the last five days, the stock has lost -4.37%. Joby Aviation Inc shares have fallen nearly -14.44% since the year began. Nevertheless, the stocks have fallen -7.03% over the past one year. While a 52-week high of $7.69 was reached on 07/16/24, a 52-week low of $4.50 was recorded on 04/22/24. SMA at 50 days reached $5.20, while 200 days put it at $5.40.
Levels Of Support And Resistance For JOBY Stock
The 24-hour chart illustrates a support level at 5.50, which if violated will result in even more drops to 5.31. On the upside, there is a resistance level at 5.79. A further resistance level may holdings at 5.89. The Relative Strength Index (RSI) on the 14-day chart is 55.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.91%. Stochastics %K at 54.11% indicates the stock is a holding.
How much short interest is there in Joby Aviation Inc?
A steep rise in short interest was recorded in Joby Aviation Inc stocks on 2024-09-30, dropping by -5.13 million shares to a total of 70.74 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 75.87 million shares. There was a decline of -7.25%, which implies that there is a negative sentiment for the stock.
