Jaguar Global Growth Corporation I (NASDAQ:JGGC) saw an upside of 0.38% to $10.67 after adding $0.04on Wednesday. The 5-day average trading volume is 322,745 shares of the company’s common stock. It has gained $10.68 in the past week and touched a new high 4 times within the past 5 days. An average of 458,961 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 271,775.
JGGC’s 1-month performance is 0.33% or $0.07 on its low of $10.61 reached on 07/24/23. The company’s shares have touched a 52-week low of $9.93 and high of $11.68, with the stock’s rally to the 52-week high happening on 06/12/23. YTD, JGGC has achieved 4.40% or $0.45 and has reached a new high 11 times. However, the current price is down -8.65% from the 52-week high price.
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Valuation Metrics
JGGC stock has a beta of 0.01. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 1.44.
Jaguar Global Growth Corporation I’s quick ratio for the recent period was 0.30, with the current ratio over the same period at 0.30.
Earnings Surprise
Net income shrunk -23.65% to $2.96 million, while revenue of -$0.75 million was 125.34% off the previous quarter. Shareholders hold equity totaling $30.67 million.
Let’s look briefly at Jaguar Global Growth Corporation I (JGGC) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 62.75% to suggest the stock is trending Neutral, with historical volatility in this time period at 3.54%.
The stock’s 5-day moving average is $10.64, reflecting a +0.34% or $0.04 change from its current price. JGGC is currently trading +0.47% above its 20-day SMA, +2.60% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +0.95% and SMA200 by+6.91%.
Stochastic %K and %D was 6.29% and 4.61% and the average true range (ATR) pointed at 0.06. The RSI (14) points at 61.40%, while the 14-day stochastic is at 9.43% with the period’s ATR at 0.07. The stock’s 9-day MACD Oscillator is pointing at 0.02 and 0.02 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for JGGC stock have a consensus rating for the stock as -. Currently, 0 brokerage advisors rate JGGC as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
