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Monday, September 21, 2020

The Unprecedented Rise of Jaguar Health Inc. (NASDAQ:JAGX)

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The Jaguar Health Inc. (JAGX) shares are trading at higher $0.76 and the avg recommendation for the stock is Moderate Buy.

To add more color to this target, the company’s high over the last year is $2.85 and the low is $0.35. Over the last 52 weeks, JAGX is down -73.33% while the S&P 500 is up 0.81%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, JAGX reported a profit of $0.19 million. Jaguar Health Inc. also saw revenues increase to $0.87 million. In addition, JAGX has free cash flow of -$4.3 million as of 03-2020. The company’s EBITDA came in at -$7.02 million which compares well with its peers.

JAGX Return on Equity (ROE) is -775.40%, and its Return on Assets is -126.90%. All told, it is clear that, JAGX needs to be on your watchlist.

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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. JAGX has a short ratio of 0.05 and outstanding shares of 32.16M.

Company Outlook

JAGX has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 5.33 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -18.36. Jaguar Health Inc. JAGX also noted assets of $33.28 million at the end of the last quarter. Investors should also keep an eye on sector updates as JAGX has historically followed its peers on positive news.

All told, Jaguar Health Inc. JAGX has strung together solid data and demonstrated underlying fundamentals. At its current valuation, JAGX represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Jaguar Health Inc. JAGX is now commanding a market cap of 24.71M and a float of 16.07M. JAGX is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of JAGX stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in JAGX, either long or short, and we have not been compensated for this article.

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