Jaguar Health Inc. (JAGX) Testing Investors’ Patience Right Now

GLBE Stock
GLBE Stock

Renaissance Technologies LLC recently announced the acquisition of new stake in Jaguar Health Inc. (NASDAQ:JAGX). This fresh investment now brings its stake to 0.34% valued currently at $71406.0. In addition, Two Sigma Advisers LP raised its holdings by 50800.0 to 50800.0 shares.

With over 1.93 million Jaguar Health Inc. (JAGX) shares trading Friday and a closing price of $0.39 on the day, the dollar volume was approximately $0.75 million. The shares have shown a negative weekly performance of -12.04% and its price on 08/28/20 lost nearly -0.66%. Currently, there are 40.27M common shares owned by the public and among those 37.83M shares have been available to trade.

An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 1 analysts who have offered their price forecasts for JAGX have a consensus price objective of $5.00. The analysts have set the share’s price value over the next 12 months at a high of $5.00 and a low of $5.00 should the stock experience a downside. Incidentally, analysts’ outlook for the Jaguar Health Inc. stock is 2.00 for the next 12 months. But an upside of 92.2% will see the stock hit the forecast high price target while mean target price for the stock is $5.00.

Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.

The top 3 mutual fund holders in Jaguar Health Inc. are Keystone Investment Trust Plc, Vanguard Extended Market Index Fu, and Invesco UK 2 Invt. Series – UK St. Keystone Investment Trust Plc owns 0.24 million shares of the company’s stock, all valued at over $0.15 million. Invesco UK 2 Invt. Series – UK St now owns shares totaling to 0.08% of the shares outstanding.

Shares of Jaguar Health Inc. (NASDAQ: JAGX) opened at $0.382, down -$0.02 from a prior closing price of $0.40. However, the script later closed the day at $0.39, down -0.66%. The company’s stock has a 5-day price change of -12.04% and -10.64% over the past three months. JAGX shares are trading -50.91% year to date (YTD), with the 12-month market performance down to -66.68% lower. It has a 12-month low price of $0.35 and touched a high of $1.60 over the same period. Currently, 1.93 million shares have been traded, compared to an average intraday trading volume of 5.96 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -32.58%, -34.30%, and -33.81% respectively.

Institutional ownership of Jaguar Health Inc. (NASDAQ: JAGX) shares accounts for 3.20% of the company’s 40.27M shares outstanding. Mutual fund holders own 0.61%, while other institutional holders and individual stakeholders account for 0.93% and 0.34% respectively.

It has a market capitalization of $15.91M and a beta (3y monthly) value of 0.77. The earnings-per-share (ttm) stands at -$3.69. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.81% over the week and 10.40% over the month.

Analysts forecast that Jaguar Health Inc. (JAGX) will achieve an EPS of -$0.14 for the current quarter, -$0.13 for the next quarter and -$0.45 for 2021. The lowest estimate earnings-per-share for the quarter is -$0.17 while analysts give the company a high EPS estimate of -$0.11. Comparatively, EPS for the current quarter was -$15.11 a year ago. Earnings per share for the fiscal year are expected to decrease by -311.40%, and 31.80% over the next financial year.

If you are looking to buy this stock, then you may note that the average analyst recommendation by 1 brokerage firm advisors rate Jaguar Health Inc. (JAGX) as a “Moderate Buy” at a consensus score of 2.00. Specifically, 1 Wall Street analysts polled rate the stock as a buy, while 0 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”

Looking at the support for the JAGX, a number of firms have released research notes about the stock. Rodman & Renshaw stated their Buy rating for the stock in a research note on July 11, 2017, with the firm’s price target at $2.


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