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The closing price of Jasper Therapeutics Inc (NASDAQ: JSPR) was $18.23 for the day, down -16.34% from the previous closing price of $21.79. In other words, the price has decreased by -$16.34 from its previous closing price. On the day, 0.69 million shares were traded. JSPR stock price reached its highest trading level at $23.32 during the session, while it also had its lowest trading level at $17.3701.
Ratios:
Our analysis of JSPR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 10.79 and its Current Ratio is at 10.79. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JMP Securities on September 09, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $70.
On July 08, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $90.
On June 27, 2024, Stifel started tracking the stock assigning a Buy rating and target price of $86.Stifel initiated its Buy rating on June 27, 2024, with a $86 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 12 ’24 when Mahal Jeetinder Singh sold 900 shares for $21.23 per share. The transaction valued at 19,104 led to the insider holds 25,009 shares of the business.
Jeetinder Singh Mahal bought 900 shares of JSPR for $18,590 on Sep 12 ’24. On Jun 12 ’24, another insider, Mahal Jeetinder Singh, who serves as the Chief Operating Officer of the company, sold 900 shares for $24.16 each. As a result, the insider received 21,740 and left with 25,009 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JSPR now has a Market Capitalization of 275369600 and an Enterprise Value of 170866624.
Stock Price History:
Over the past 52 weeks, JSPR has reached a high of $31.01, while it has fallen to a 52-week low of $4.00. The 50-Day Moving Average of the stock is -7.83%, while the 200-Day Moving Average is calculated to be -6.05%.
Shares Statistics:
JSPR traded an average of 211.86K shares per day over the past three months and 295070 shares per day over the past ten days. A total of 15.11M shares are outstanding, with a floating share count of 11.58M. Insiders hold about 23.35% of the company’s shares, while institutions hold 77.42% stake in the company. Shares short for JSPR as of 1724976000 were 2001789 with a Short Ratio of 9.13, compared to 1722384000 on 1640373. Therefore, it implies a Short% of Shares Outstanding of 2001789 and a Short% of Float of 13.420000000000002.
