Jetblue Airways Corp (NASDAQ:JBLU) price on Friday, May 31, rose 1.88% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $5.42.
A look at the stock’s price movement, the level at last check in today’s session was $5.32. Turning to its 52-week performance, $9.45 and $3.42 were the 52-week high and 52-week low respectively. Overall, JBLU moved -2.95% over the past month.
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Jetblue Airways Corp’s market cap currently stands at around $1.84 billion.
Turning to the stock’s technical picture we see that short term indicators suggest on average that JBLU is a 50% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
JBLU’s current price about -5.89% and -14.73% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 39.85, while 7-day volatility ratio is 4.29% and 4.26% in the 30-day chart. Further, Jetblue Airways Corp (JBLU) has a beta value of 1.91, and an average true range (ATR) of 0.27.
If we refocus on Jetblue Airways Corp (NASDAQ:JBLU), historical trading data shows that trading volumes averaged 12.44 million over the past 3 months. The company’s latest data on shares outstanding shows there are 339.00 million shares.
The 5.73% of Jetblue Airways Corp’s shares are in the hands of company insiders while institutional holders own 82.55% of the company’s shares. Current price change has pushed the stock -2.34% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the JBLU stock continues to rise going into the next quarter.
