Jet.AI (NASDAQ:JTAI) Shares Down 0.4% – What’s Next?

Shares of Jet.AI Inc. (NASDAQ:JTAIGet Free Report) were down 0.4% during mid-day trading on Monday . The stock traded as low as $2.46 and last traded at $2.55. Approximately 68,204 shares were traded during trading, a decline of 57% from the average daily volume of 160,165 shares. The stock had previously closed at $2.56.

Jet.AI Price Performance

The stock has a market capitalization of $1.99 million, a PE ratio of -0.01 and a beta of -0.07. The company has a 50-day moving average of $3.90 and a two-hundred day moving average of $19.95.

Jet.AI Company Profile

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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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