Jet.AI Inc. (NASDAQ:JTAI – Get Free Report) traded down 5.3% during trading on Wednesday . The company traded as low as $0.11 and last traded at $0.12. 712,714 shares were traded during mid-day trading, a decline of 54% from the average session volume of 1,549,183 shares. The stock had previously closed at $0.12.
Jet.AI Price Performance
The company has a fifty day simple moving average of $0.22 and a 200-day simple moving average of $0.52.
Jet.AI (NASDAQ:JTAI – Get Free Report) last announced its earnings results on Wednesday, August 14th. The company reported ($0.25) earnings per share (EPS) for the quarter. The firm had revenue of $3.08 million during the quarter.
About Jet.AI
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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