Jason Industries Inc. (NASDAQ:JASN) was up 5.3% on Thursday . The company traded as high as $2.42 and last traded at $2.37, with a volume of 72,867 shares trading hands. The stock had previously closed at $2.25.

A number of equities research analysts recently weighed in on JASN shares. Stifel Nicolaus lowered their target price on shares of Jason Industries from $8.00 to $4.00 and set a “buy” rating on the stock in a research note on Friday, August 5th. Zacks Investment Research downgraded shares of Jason Industries from a “hold” rating to a “sell” rating in a research note on Thursday, July 21st.

The company’s 50-day moving average price is $3.56 and its 200 day moving average price is $3.56. The firm’s market cap is $51.96 million.

Jason Industries (NASDAQ:JASN) last released its quarterly earnings results on Thursday, August 4th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.07 by $0.14. On average, equities analysts predict that Jason Industries Inc. will post ($0.11) EPS for the current fiscal year.

In related news, major shareholder Alex Mitchell sold 19,900 shares of the business’s stock in a transaction that occurred on Tuesday, August 9th. The stock was sold at an average price of $2.30, for a total transaction of $45,770.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Wynnefield Partners Small Cap acquired 15,330 shares of the business’s stock in a transaction that occurred on Saturday, December 31st. The shares were bought at an average price of $3.42 per share, with a total value of $52,428.60. The disclosure for this purchase can be found here.

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.).

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.