Large Inflow of Money Witnessed in JetBlue Airways Corporation

JetBlue Airways Corporation (NASDAQ:JBLU) dropped by -0.37 or -0.06 points during the last session to $16.25 per share. One of the highlights of the day was the net money flow figure, which stood at $1.63 million even as the stock accepted $4.42 million in upticks but rejected $2.8 million in downticks. The up/down ratio for the last observation was a 1.58. The 1-week percentage change for the stock price is registered at -0.31%.A block transaction occurred with $1.26 million in upticks and $0 million in downticks while the up/down ratio was calculated to be 0. The stock witnessed a net inflow of $1.26 million at the end of the block trade.


The stock has recorded a 20-day Moving Average of 7.29% and the 50-Day Moving Average is 13.11%. The company shares have dropped 22.88% in the past 52 Weeks. On September 17, 2015 The shares registered one year high of $27.36 and one year low was seen on June 16, 2016 at $16.26. The 50-day moving average is $18.15 and the 200 day moving average is recorded at $20.57. S&P 500 has rallied 1.93% during the last 52-weeks.

JetBlue Airways Corporation (NASDAQ:JBLU): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.47 and $16.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.34, notching a gain of 0.18% for the day. The total traded volume was 6,113,245 . The stock had closed at $16.31 on the previous day.

Currently the company Insiders own 0.7% of JetBlue Airways Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.5% . Institutional Investors own 83.29% of JetBlue Airways Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 10.93%. On the companys insider trading activities, The officer (EVP & General Counsel), of Jetblue Airways Corp, Hnat James G had unloaded 1,000 shares at $16.87 per share in a transaction on June 15, 2016. The total value of transaction was $16,870. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States, Caribbean and Latin America. The Company operates Airbus A321, Airbus A320 and EMBRAER 190 aircraft types. The Companys firm aircraft orders consists of approximately 33 Airbus A321 aircraft, 25 Airbus A320 new engine option (A320neo) aircraft, 45 Airbus A321 new engine option aircraft, 24 EMBRAER 190 aircraft and 10 spare engines. It operates fleet, which consists of approximately 13 Airbus A321 aircraft, 130 Airbus A320 aircraft and 60 EMBRAER 190 aircraft. The Company served approximately 87 BlueCities in 27 states, the District of Columbia, the Commonwealth of Puerto Rico, the United States Virgin Islands, and 17 countries in the Caribbean and Latin America.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.