While Jasper Therapeutics Inc has underperformed by -1.85%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, JSPR rose by 317.50%, with highs and lows ranging from $31.01 to $5.02, whereas the simple moving average fell by -0.96% in the last 200 days.
On December 06, 2024, BMO Capital Markets started tracking Jasper Therapeutics Inc (NASDAQ: JSPR) recommending Outperform. A report published by JMP Securities on September 09, 2024, Initiated its previous ‘Mkt Outperform’ rating for JSPR. BTIG Research also rated JSPR shares as ‘Buy’, setting a target price of $90 on the company’s shares in an initiating report dated July 08, 2024. Stifel Initiated an Buy rating on June 27, 2024, and assigned a price target of $86. H.C. Wainwright initiated its ‘Buy’ rating for JSPR, as published in its report on May 06, 2024. Evercore ISI’s report from April 03, 2024 suggests a price prediction of $65 for JSPR shares, giving the stock a ‘Outperform’ rating. RBC Capital Mkts also rated the stock as ‘Outperform’.
Analysis of Jasper Therapeutics Inc (JSPR)
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Jasper Therapeutics Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -71.46% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 7.61, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and JSPR is recording an average volume of 268.75K. On a monthly basis, the volatility of the stock is set at 7.78%, whereas on a weekly basis, it is put at 7.54%, with a loss of -3.30% over the past seven days. Furthermore, long-term investors anticipate a median target price of $72.00, showing growth from the present price of $21.71, which can serve as yet another indication of whether JSPR is worth investing in or should be passed over.
How Do You Analyze Jasper Therapeutics Inc Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 25.11%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 77.29% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
JSPR shares are owned by institutional investors to the tune of 77.29% at present.
