Jason Industries Inc (NASDAQ:JASN) major shareholder Wynnefield Partners Small Cap acquired 20,000 shares of Jason Industries stock in a transaction dated Wednesday, August 14th. The shares were acquired at an average price of $0.55 per share, with a total value of $11,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of NASDAQ JASN traded up $0.07 during mid-day trading on Friday, reaching $0.52. 554,781 shares of the company’s stock traded hands, compared to its average volume of 101,050. The stock has a market cap of $15.47 million, a P/E ratio of -0.96 and a beta of 1.14. The business has a 50-day simple moving average of $0.55 and a 200 day simple moving average of $1.27. Jason Industries Inc has a 1-year low of $0.39 and a 1-year high of $3.70.
Jason Industries (NASDAQ:JASN) last issued its quarterly earnings data on Monday, August 12th. The technology company reported ($0.41) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.38). The firm had revenue of $138.30 million for the quarter.
JASN has been the subject of a number of analyst reports. ValuEngine upgraded shares of Jason Industries from a “hold” rating to a “buy” rating in a report on Tuesday, July 23rd. Zacks Investment Research upgraded shares of Jason Industries from a “sell” rating to a “hold” rating in a report on Wednesday, May 8th.
Jason Industries Company Profile
Jason Industries is the parent company to a global family of manufacturing leaders within the seating, finishing, components and automotive acoustics markets, including Assembled Products (Buffalo Grove, Ill.), Janesville Acoustics (Southfield, Mich.), Metalex (Libertyville, Ill.), Milsco (Milwaukee, Wis.), Osborn (Richmond, Indiana and Burgwald, Germany) and Sealeze (Richmond, Va.).
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