Jaguar Health Inc (JAGX) Reports -74.02% Fall From For 52 Week High, It’s Always Darkest Before The Dawn

Jaguar Health Inc (NASDAQ:JAGX) does about 67.34M shares in volume on a normal day but saw 60558833 shares change hands in Monday trading. The company now has a market cap of 87.56M USD. Its current market price is $0.32, marking a decrease of -0.31% compared to the previous close of $0.32. The 52 week high reached by this stock is $1.22 whilst the lowest price level in 52 weeks is $0.05.

Jaguar Health Inc (JAGX) has a 20-day trading average at $0.1822 and the current price is -74.02% off the 52-week high compared with 519.14% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1197 and its 200-day simple moving average is $0.2489. If we look at the stock’s price movements over the week, volatility stands at 26.46%, which decreases to 26.26% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 82.96 to suggest the stock is overbought.

The consensus objective for the share price is $6.00, suggesting that the stock has a potential upside of 94.67% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on July 07, 2021 when Cantor Fitzgerald initiated the stock to “Overweight” and issued a price target of $5.

Jaguar Health Inc (JAGX) stock is up 52.40% over the week and 277.38% over the past month. Its price is 109.38% year-to-date and -40.51% over the past year.

To reach the target analysts have set, the stock logically needs to grow 94.67 percent from here.

The company has a return on investment of -112.11% and return on equity of -1919.14%. The beta has a value of 0.85. Price to book ratio is 4.67 and price to sales ratio is 8.97.