Press coverage about Jason Industries (NASDAQ:JASN) has trended somewhat negative this week, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Jason Industries earned a media sentiment score of -0.16 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 44.5870701464966 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
A number of equities research analysts have recently issued reports on JASN shares. Zacks Investment Research cut Jason Industries from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 10th. ValuEngine raised Jason Industries from a “sell” rating to a “hold” rating in a report on Saturday, June 2nd.
Shares of JASN stock traded up $0.15 during trading on Friday, reaching $2.92. 1,032 shares of the company’s stock were exchanged, compared to its average volume of 46,333. The company has a current ratio of 2.19, a quick ratio of 1.48 and a debt-to-equity ratio of -11.40. The firm has a market capitalization of $76.98 million, a PE ratio of 292.00 and a beta of 0.14. Jason Industries has a twelve month low of $1.15 and a twelve month high of $3.88.
Jason Industries (NASDAQ:JASN) last posted its earnings results on Thursday, August 2nd. The technology company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. The business had revenue of $168.42 million for the quarter, compared to analyst estimates of $161.40 million. Jason Industries had a negative return on equity of 1.05% and a negative net margin of 0.10%. sell-side analysts predict that Jason Industries will post -0.13 EPS for the current fiscal year.
In other Jason Industries news, major shareholder Wynnefield Partners Small Cap bought 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 23rd. The shares were acquired at an average cost of $2.54 per share, with a total value of $50,800.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders have purchased a total of 42,651 shares of company stock worth $103,692 over the last three months. 19.20% of the stock is owned by insiders.
About Jason Industries
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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