Jupai Holdings Limited (NYSE:JP) price on Friday, October 08, fall 0.00% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.07.
A look at the stock’s price movement, the close in the last trading session was $1.07, moving within a range at $1.01 and $1.14. The beta value (5-Year monthly) was 1.50 while the PE ratio in trailing twelve months stood at 6.65. Turning to its 52-week performance, $4.97 and $0.95 were the 52-week high and 52-week low respectively. Overall, JP moved -8.91% over the past month.
Jupai Holdings Limited’s market cap currently stands at around $34.57 million, with investors looking forward to this quarter’s earnings report slated for Aug 05, 2021 – Aug 09, 2021.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that JP is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend JP as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
JP’s current price about -2.61% and -13.86% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 41.53, while 7-day volatility ratio is 7.78% and 10.10% in the 30-day chart. Further, Jupai Holdings Limited (JP) has a beta value of 1.55, and an average true range (ATR) of 0.10. Analysts have given the company’s stock an average 52-week price target of $96.50, forecast between a low of $96.50 and high of $96.50. Looking at the price targets, the low is -8918.69% off current price level while to achieve the yearly target high, price needs to move -8918.69%. Nonetheless, investors will most likely welcome a -8918.69% jump to $96.50 which is the analysts’ median price.
In the market, a comparison of Jupai Holdings Limited (JP) and its peers suggest the former has performed considerably weaker. Data shows JP’s intraday price has changed 0.00% in last session and -34.76% over the past year. Comparatively, Jupai Holdings Limited (JP) has moved 0.00% on the day and only -34.76% in the past 12 months. Looking at another peer, we see that Evolent Health Inc. (EVH) price has gained 4.79% on the day. However, the stock is 200.26% off its price a year ago. If we look at the PE ratio, we find that Jupai Holdings Limited’s ratio stands at 6.65 compared to Jupai Holdings Limited’s 6.65. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are down -0.19% and -0.03% respectively in the last trading.
If we refocus on Jupai Holdings Limited (NYSE:JP), historical trading data shows that trading volumes averaged 46710.0 over the past 10 days and 62.97K over the past 3 months. The company’s latest data on shares outstanding shows there are 5.54 million shares.
The 2.54% of Jupai Holdings Limited’s shares are in the hands of company insiders while institutional holders own 22.50% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 12200.0 on May 27, 2021, giving us a short ratio of 0.32. The data shows that as of May 27, 2021 short interest in Jupai Holdings Limited (JP) stood at 0.04% of shares outstanding, with shares short falling to 17090.0 registered in Apr 29, 2021. Current price change has pushed the stock -41.48% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the JP stock continues to rise going into the next quarter.