October 7, 2024

Is Jaguar Health Inc. (NASDAQ: JAGX) Stock Good For Medium-Term Investing?

Jaguar #Jaguar

Jaguar Health Inc. (NASDAQ:JAGX) traded at $0.25 at close of the session on Monday, 08/29/22, made an upward move of 0.41% on its previous day’s price.

Looking at the stock we see that its previous close was $0.24 and the beta (5Y monthly) reads 1.67 with the day’s price range being $0.23 – $0.255. In terms of its 52-week price range, JAGX has a high of $3.75 and a low of $0.22. The company’s stock has lost about -4.59% over that past 30 days.

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Jaguar Health Inc. has a market cap of $28.23 million and is expected to release its quarterly earnings report on Nov 15, 2022 – Nov 21, 2022. Estimates by analysts give the company expected earnings per share (EPS) of -$0.08, with the EPS growth for the year raised at -$0.61 for 2022 and -$0.14 for next year. These figures represent 48.30% and 77.00% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $4 million, with a low of $4 million and a high of $4 million. The median projection represents growth squeezing down to 52.10% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2022 is expected to hit $24.6 million, or 467.50% up from figures reported last year.

There have been 1 upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the JAGX stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.

Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Jaguar Health Inc. (JAGX) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.

Looking further, we note the current price level is -7.12% off its SMA20 and -15.67% from its 50-day simple moving average. The RSI (14) is pointing at 38.79 while the volatility over the past week is 10.84% and jumps to 8.98% over the past one month. The beta value is 1.67, while the average true range (ATR) is currently pointing at 0.03. The average price target for the stock over the next 12 months is $5.00, with the estimates having a low of $5.00 and a high of $5.00. These price ends are -1900.0% and -1900.0% off the current price level respectively, although investors could be excited at the prospect of a -1900.0% if the JAGX share price touches on the median price of $5.00.

Coming back to Jaguar Health Inc. (NASDAQ:JAGX), we note that the average 3-month trading volume was 4.01 million, while that of the preceding 10-day period stands at 5.9 million. Current shares outstanding are 79.70 million.

The insiders hold 0.20% of the company’s shares while institutions hold 5.30%. The data shows that short shares as of Aug 14, 2022, stood at 5.42 million at a short ratio of 0.92. This represents a 6.36% short interest in shares outstanding on Aug 14, 2022. Shares short rose in August from the previous month at 4.78 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -76.43% down in year-to-date price movement.

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