Jet.AI Inc. (NASDAQ:JTAI – Get Free Report)’s stock price traded down 8.5% during mid-day trading on Thursday . The company traded as low as $3.70 and last traded at $3.75. 137,401 shares were traded during mid-day trading, a decline of 23% from the average session volume of 179,187 shares. The stock had previously closed at $4.10.
Jet.AI Stock Performance
The stock has a market cap of $2.93 million, a P/E ratio of -0.02 and a beta of -0.01. The business has a 50 day simple moving average of $6.00 and a 200-day simple moving average of $31.67.
About Jet.AI
Jet.AI Inc primarily engages in the development and operation of private aviation platforms. The company operates CharterGPT, a booking platform that functions as a prospecting and quoting platform to arrange private jet travel with its aircrafts and third-party carriers. It also provides Reroute AI software that recycles aircraft waiting to return to base into prospective new charter bookings to destinations within specific distances; and DynoFlight, a software application programming interface (API), which enables aircraft operators to track and estimate emissions, and purchase carbon offset credits.
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