What Technical Indicators Show About Jaguar Health Inc (JAGX)?

Jaguar Health Inc (NASDAQ:JAGX) finished Friday with a subtraction of $0.0 to close at $0.26, a downside of -1.52 percent. An average of 909,340 shares of common stock have been traded in the last five days. There was a fall of -$0.0200 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 913,765 shares traded, while the 50-day average volume stands at 849,118.

JAGX stock has decreased by -31.45% in the last month. The company shares reached their 1-month lowest point of $0.2473 on 09/25/23. With the stock rallying to its 52-week high on 01/11/23, shares of the company touched a low of $0.25 and a high of $13.88 in 52 weeks. It has reached a new high 4 times so far this year and lost -96.01% or -$6.2575 in price. In spite of this, the price is down -98.13% from the 52-week high.

Valuation Metrics

Jaguar Health Inc (JAGX) stock’s beta is 1.92. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.45, the price-to-book (PB) ratio at 0.88.

Financial Health

The quick ratio of Jaguar Health Inc for the three months ended June 29 was 0.69, and the current ratio was 0.97, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 3.07 and a total debt to equity ratio of 5.61 for the quarter ending June 29. Its gross profit as reported stood at $9.94 million compared to revenue of $11.96 million.

Earnings Surprise

For the three-month period that ended June 29, Jaguar Health Inc had $16.85 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$12.15 million in the quarter, while revenues of -$12.2 million were grew 22.88%. The analyst consensus anticipated Jaguar Health Inc’s latest quarter earnings to come in at -$1.53 per share, but it turned out to be -$0.69, a 54.90% surprise. For the quarter, EBITDA amounted to -$4.35 million. Shareholders own equity worth $19.12 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Jaguar Health Inc (JAGX) price momentum. RSI 9-day as of the close on 29 September was 21.66%, suggesting the stock is oversold, with historical volatility in this time frame at 47.02%.

As of today, JAGX’s price is $0.2637 -7.14% or -$0.0200 from its 5-day moving average. JAGX is currently trading -32.47% lower than its 20-day SMA and -64.38% lower than its 100-day SMA. However, the stock’s current price level is -51.51% below the SMA50 and -97.06% below the SMA200.

The stochastic %K and %D were 13.83% and 14.40%, respectively, and the average true range (ATR) was 0.0255. With the 14-day stochastic at 12.49% and the average true range at 0.0284, the RSI (14) stands at 23.62%. The stock has reached -0.0111 on the 9-day MACD Oscillator while the 14-day reading was at -0.0226.

Analyst Ratings

Cantor Fitzgerald launched coverage on Jaguar Health Inc (NASDAQ: JAGX) in its analyst report released on July 07, 2021. The firm assigned the stock an Overweight rating. The consensus rating for Jaguar Health Inc (JAGX) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell JAGX, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.

What is JAGX’s price target for the next 12 months?

Analysts predict a range of price targets between $6.00 and $6.00, with a median target of $6.00. Taking a look at these predictions, the average price target given by analysts for Jaguar Health Inc (JAGX) stock is $6.00.

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