Let’s start up with the current stock price of Jernigan Capital Inc. (JCAP), which is $17.28 to be very precise. The Stock rose vividly during the last session to $17.29 after opening rate of $17.26 while the lowest price it went was recorded $17.22 before closing at $17.23.
Recently in News on October 26, 2020, Jernigan Capital, Inc. Shareholders Approve Acquisition by Nexpoint. Jernigan Capital, Inc. (NYSE: JCAP) (“Jernigan” or the “Company”) announced that its shareholders approved the acquisition of Jernigan by affiliates of NexPoint Advisors, L.P. (“NexPoint”) at its special meeting of stockholders held earlier today. Shares representing approximately 77.67% of the Company outstanding stock voted at the special meeting, with approximately 97.65% of such shares voting FOR approval of the merger. You can read further details here
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Jernigan Capital Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $20.66 on 02/07/20, with the lowest value was $8.83 for the same time period, recorded on 03/24/20.
Jernigan Capital Inc. (JCAP) full year performance was -8.62%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Jernigan Capital Inc. shares are logging -16.36% during the 52-week period from high price, and 95.70% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $8.83 and $20.66.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 1172280 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Jernigan Capital Inc. (JCAP) recorded performance in the market was -9.72%, having the revenues showcasing 24.23% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 401.93M, as it employees total of 16 workers.
The Analysts eye on Jernigan Capital Inc. (JCAP)
During the last month, 0 analysts gave the Jernigan Capital Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 15.92, with a change in the price was noted +2.91. In a similar fashion, Jernigan Capital Inc. posted a movement of +20.25% for the period of last 100 days, recording 313,147 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for JCAP is recording 0.73 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.73.
Technical rundown of Jernigan Capital Inc. (JCAP)
Raw Stochastic average of Jernigan Capital Inc. in the period of last 50 days is set at 78.26%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 93.75%. In the last 20 days, the company’s Stochastic %K was 91.86% and its Stochastic %D was recorded 90.84%.
Considering, the past performance of Jernigan Capital Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -9.72%. Additionally, trading for the stock in the period of the last six months notably improved by 31.31%, alongside a downfall of -8.62% for the period of the last 12 months. The shares increased approximately by 0.47% in the 7-day charts and went down by 0.76% in the period of the last 30 days. Common stock shares were driven by 24.23% during last recorded quarter.