Jupiter Wellness Inc. (NASDAQ:JUPW) saw an upside of 7.61% to $0.88 after adding $0.06 on Wednesday. The 5-day average trading volume is 632,639 shares of the company’s common stock. It has gained $0.9200 in the past week and touched a new high 2 times within the past 5 days. An average of 831,460 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,143,232.
JUPW’s 1-month performance is 83.75% or $0.5140 on its low of $0.3651 reached on 07/12/23. The company’s shares have touched a 52-week low of $0.31 and high of $1.64, with the stock’s rally to the 52-week high happening on 01/17/23. YTD, JUPW has achieved 14.33% or $0.1105 and has reached a new high 8 times. However, the current price is down -46.35% from the 52-week high price.
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Valuation Metrics
JUPW stock has a beta of 0.41. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.69 while the price-to-book (PB) in the most recent quarter is 3.83.
Jupiter Wellness Inc.’s quick ratio for the recent period was 1.90, with the current ratio over the same period at 1.90. In terms of profitability, the gross margin trailing 12 months is 17.50%. The trailing 12-month EBITDA margin is -183.87%. The firm’s gross profit as reported stood at $1.03 million against revenue of $6.2 million.
Earnings Surprise
Jupiter Wellness Inc.’s cash and short-term investments amounted to $3.23 million against total debt of $2.7 million. Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 634.35% to -$1.31 million, while revenue of -$6.05 million was -361.83% off the previous quarter. EBITDA for the quarter stood at more than -$1.23 million. JUPW stock balance sheet for the recent quarter shows that total liabilities totaled 5.1 million, with total debt at $2.7 million. Shareholders hold equity totaling $26.66 million.
Let’s look briefly at Jupiter Wellness Inc. (JUPW) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 80.36% to suggest the stock is trending Overbought, with historical volatility in this time period at 80.72%.
The stock’s 5-day moving average is $0.8235, reflecting a +3.53% or $0.0300 change from its current price. JUPW is currently trading +102.76% above its 20-day SMA, +156.71% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +139.13% and SMA200 by+7.28%.
Stochastic %K and %D was 86.88% and 87.13% and the average true range (ATR) pointed at 0.0825. The RSI (14) points at 77.79%, while the 14-day stochastic is at 88.89% with the period’s ATR at 0.0764. The stock’s 9-day MACD Oscillator is pointing at 0.0446 and 0.1100 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for JUPW stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate JUPW as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is JUPW’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $3.30 and a high of $3.30, with their median price target at $3.30. Looking at these predictions, the average price target given by analysts is for Jupiter Wellness Inc. (JUPW) stock is $3.30.
