Shares of Jet.AI Inc. (NASDAQ:JTAI – Get Free Report) were down 8.5% during mid-day trading on Thursday . The stock traded as low as $3.70 and last traded at $3.75. Approximately 137,401 shares were traded during trading, a decline of 23% from the average daily volume of 179,187 shares. The stock had previously closed at $4.10.
Jet.AI Price Performance
The company has a market capitalization of $3.01 million, a PE ratio of -0.02 and a beta of -0.01. The stock has a 50-day simple moving average of $5.80 and a 200 day simple moving average of $30.95.
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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