Shares of Jet.AI Inc. (NASDAQ:JTAI – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 416,735 shares were traded during mid-day trading, an increase of 592% from the previous session’s volume of 60,221 shares.The stock last traded at $8.78 and had previously closed at $6.64.
Jet.AI Price Performance
The business has a fifty day simple moving average of $20.50 and a two-hundred day simple moving average of $70.41.
Jet.AI (NASDAQ:JTAI – Get Free Report) last posted its earnings results on Wednesday, August 14th. The company reported ($56.25) earnings per share for the quarter. The business had revenue of $3.08 million during the quarter.
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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