JetBlue Airways Corporation (JBLU) : During the past 4 weeks, traders have been relatively bearish on JetBlue Airways Corporation (JBLU), hence the stock is down -8.43% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.29% relative to the S&P 500. The 4-week change in the price of the stock is -8.08% and the stock has fallen -4.32% in the past 1 week.
JetBlue Airways Corporation has dropped 10.77% during the last 3-month period . Year-to-Date the stock performance stands at -28.65%. The stock has recorded a 20-day Moving Average of 7.12% and the 50-Day Moving Average is 5.91%.
JetBlue Airways Corporation (NASDAQ:JBLU): The stock opened at $16.51 on Friday but the bulls could not build on the opening and the stock topped out at $16.57 for the day. The stock traded down to $16.15 during the day, due to lack of any buying support eventually closed down at $16.16 with a loss of -2.94% for the day. The stock had closed at $16.65 on the previous day. The total traded volume was 8,081,148 shares.
Also, Equity analysts at the Brokerage firm JP Morgan maintains its rating on JetBlue Airways Corporation (NASDAQ:JBLU). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at JP Morgan lowers the price target from $24.5 per share to $21 per share. The rating by the firm was issued on July 27, 2016.
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.