Jet.AI Inc. (NASDAQ:JTAI – Get Free Report) was down 9.1% during mid-day trading on Wednesday . The company traded as low as $3.84 and last traded at $3.88. Approximately 116,305 shares traded hands during trading, a decline of 29% from the average daily volume of 162,910 shares. The stock had previously closed at $4.27.
Jet.AI Trading Down 10.1 %
The stock’s 50 day moving average is $9.97 and its 200 day moving average is $42.86. The firm has a market cap of $2.78 million, a price-to-earnings ratio of -0.02 and a beta of 0.01.
Jet.AI Company Profile
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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