Jaguar Animal Health Inc. (JAGX) started the trading day on a down note, making it one of the worst performing stocks in the health care sector of NYSE and NASDAQ listed companies shortly after the opening bell on September 22. Shares of JAGX have fallen 3.17% about 30 minutes into the session to $1.22 after closing the day prior at $1.26. It’s early, but the stock has traded as high as $1.26 and as low as $1.22 so far. Today’s quick decline has come with about 4,615 shares changing hands, compared to an average 30-day volume of 285,507 for Jaguar Animal Health Inc.. The price is currently below the 30-day volume weighted average price of $1.24 for JAGX.
The share depreciation gives the company a market capitalization of $14.01 million based upon 11.12 million shares outstanding. It also means that JAGX has a price-to-book ratio of 8.95:1.
In the past 52 weeks, shares of JAGX have traded as low as $1.0851 and as high as $4.7. Technical traders will take note that at $1.22, shares of JAGX are trading below their 200-day MA at $1.8 and below their 50-day MA at $1.49. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding below them is typically regarded as bearish.
Who is JAGX?
Jaguar Animal Health Inc is an animal health company. The Company is engaged in developing and commercializing first-in-class gastrointestinal products for companion and production animals and horses. The company’s 24 employees are led by CEO Lisa A Conte from the corporate headquarters at 201 Mission Street in San Francisco, CA.
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