With 276.22M Outstanding Shares, Can Jaguar Health Inc (NASDAQ: JAGX) Deliver Big Short-Term Gains?

Jaguar Health Inc (NASDAQ:JAGX) currently has a daily average trading volume of 57.67M but it saw 68793455 shares traded in last market. With a market cap of 48.92M USD, the company’s current market price of $0.18 came rising about 7.40 while comparing to the previous closing price of $0.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.22 and as low as $0.05.

Taking a look at 20-day trading activity of Jaguar Health Inc (JAGX) gives us an average price of $0.0983, while its current price level is -85.48% below from 52-week high level whereas it is 245.90% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.0863 while that of 200 days or SMA-200 reads an average of $0.2681. A closer look into the stock’s movement over the week reveals that its volatility is standing at 42.55% during that period while stretching the period over a month that decreases to 23.40%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 70.84 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Cantor Fitzgerald which initiated the stock as “Overweight” in its note to investors issued on July 07, 2021, recommending a price target of $5 for it.

Over the week, JAGX’s stock price is moving 64.74% up while it is 157.04% when we observe its performance for the past one month. Year-to-date it is 16.97% up and over the past year, the stock is showing a downside performance of -70.92%.

Currently, Jaguar Health Inc’s total number of outstanding shares is 276.22M. Company’s return on investment (ROI) stands at -112.11% and return on equity (ROE) at -1919.14%. Stock’s beta reads 1.06. Stock has a price to book (P/B) ratio of 2.61 while price to sale or P/S ratio amounts to 5.01. Its return on asset (ROA) is -84.10% on average.