Investors Getting Picky When It Comes To Buying Jaguar Health Inc (JAGX)

Jaguar Health Inc (NASDAQ:JAGX) does about 69.86M shares in volume on a normal day but saw 24045198 shares change hands in Monday’s trading. The company now has a market cap of 83.38M USD. Its current market price is $0.29, marking a decrease of -0.62% compared to the previous close of $0.29. 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 $0.2289 and the current price is -76.20% off the 52-week high compared with 466.99% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1424 and its 200-day simple moving average is $0.2411. If we look at the stock’s price movements over the week, volatility stands at 15.48%, which increases to 24.95% 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 66.58 to suggest the stock is neutral.

The consensus objective for the share price is $6.00, suggesting that the stock has a potential upside of 95.17% 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 down -8.42% over the week and 221.48% over the past month. Its price is 91.74% year-to-date and -69.76% over the past year.

To reach the target analysts have set, the stock logically needs to grow 95.17 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 0.89. Price to book ratio is 4.28 and price to sales ratio is 8.54.