The trading price of Jaguar Health Inc (NASDAQ:JAGX) closed higher on Monday, April 22, closing at $0.18, 14.66% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $1.22 and a 52-week low of $0.05. Over the past month, the stock has gained 127.72% in value.
Jaguar Health Inc, whose market valuation is $49.69 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by $0 per share this quarter, however they have predicted annual earnings per share of $0 for 2023 and $0 for 2024.
Analysts have forecast the company to bring in revenue of $2.3 million for the current quarter, with the likely lows of $2.61 million and highs of $2.61 million. The average estimate suggests sales will likely down by -29.40% this quarter compared to what was recorded in the comparable quarter last year. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2023 is $9.76 million. The company’s revenue is forecast to drop by -18.40% over what it did in 2023.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Jaguar Health Inc no upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest JAGX has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.
A quick review shows that JAGX’s price is currently 76.01% off the SMA20 and 105.25% off the SMA50. The RSI metric on the 14-day chart is currently showing 67.61, and weekly volatility stands at 37.94%. When measured over the past 30 days, the indicator reaches 22.57%. Jaguar Health Inc (NASDAQ:JAGX)’s beta value is currently sitting at 1.03, while the Average True Range indicator is currently displaying 0.03.
To see how Jaguar Health Inc stock has been performing in comparison to its peers in the industry, here are the numbers: JAGX stock’s performance was 14.66% in the latest trading, and -69.30% in the past year.
An evaluation of the daily trading volume of Jaguar Health Inc (NASDAQ:JAGX) indicates that the 3-month average is 59.04 million.
Currently, records show that 276.22 million of the company’s shares remain outstanding. The insiders hold 4.90% of outstanding shares, whereas institutions hold 0.45%. However, since the stock’s price has seen 18.82% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
