Is Jupiter Wellness Inc. [JUPW] a good investment? Don’t be fooled by its recent momentum

The price of Jupiter Wellness Inc. (NASDAQ:JUPW) shares last traded on Wall Street fell -12.95% to $0.48.

Based on available information, 1 analysts follow Jupiter Wellness Inc. (NASDAQ:JUPW). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $3.30 and a low of $3.30, we find $3.30. Given the previous closing price of $0.55, this indicates a potential upside of 500.0 percent. JUPW stock price is now 24.33% away from the 50-day moving average and -26.43% away from the 200-day moving average. The market capitalization of the company currently stands at $13.47M.

Among analysts, 0 rate the stock a hold while 1 rate it a buy. Brokers who have rated the stock have averaged $3.30 as their price target over the next twelve months.

In other news, FANI SKENDER, Director bought 64,060 shares of the company’s stock on Oct 25. The stock was bought for $57,654 at an average price of $0.90. Upon completion of the transaction, the Director now directly owns 122,000 shares in the company, valued at $58560.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 25, Director FANI SKENDER bought 64,060 shares of the business’s stock. A total of $57,654 was incurred on buying the stock at an average price of $0.90. This leaves the insider owning 122,000 shares of the company worth $58560.0. Insiders disposed of 117,700 shares of company stock worth roughly $56496.0 over the past 1 year. A total of 23.30% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in JUPW stock. A new stake in Jupiter Wellness Inc. shares was purchased by SABBY MANAGEMENT, LLC during the first quarter worth $910,000. BOGART WEALTH, LLC invested $24,000 in shares of JUPW during the first quarter. In total, there are 27 active investors with 14.40% ownership of the company’s stock.

A candlestick chart of Jupiter Wellness Inc. (NASDAQ: JUPW) showed a price of $0.5000 on Tuesday morning. During the past 12 months, Jupiter Wellness Inc. has had a low of $0.31 and a high of $1.64. As of last week, the company has a debt-to-equity ratio of 0.34, a current ratio of 1.90, and a quick ratio of 1.90. The fifty day moving average price for JUPW is $0.3857 and a two-hundred day moving average price translates $0.6478 for the stock.

The latest earnings results from Jupiter Wellness Inc. (NASDAQ: JUPW) was released for Mar, 2023. The company reported revenue of $1.12 million for the quarter, compared to $0.72 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 55.4 percent.

Jupiter Wellness Inc.(JUPW) Company Profile

Jupiter Wellness, Inc., a wellness company, engages in the research and development of over-the-counter products and intellectual property. Its products pipeline includes Photocil to address psoriasis and vitiligo; JW-700 to treat hair loss; JW-500 for women’s sexual wellness; NoStingz, a jellyfish sting prevention sunscreen; and JW-110 for the treatment of atopic dermatitis/eczema. The company primarily sell its products through third-party physical retail stores and partners. The company was formerly known as CBD Brands, Inc. Jupiter Wellness, Inc. was incorporated in 2018 and is headquartered in Jupiter, Florida.

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