Shares of Jason Industries Inc. (NASDAQ:JASN) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $2.01 and last traded at $2.01, with a volume of 40,843 shares traded. The stock had previously closed at $2.20.

A number of equities analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Jason Industries from a “strong sell” rating to a “buy” rating and set a $4.50 price target on the stock in a report on Wednesday, May 4th. Stifel Nicolaus decreased their price target on shares of Jason Industries from $8.00 to $4.00 and set a “buy” rating on the stock in a report on Friday, August 5th.

The firm’s 50-day moving average price is $3.19 and its 200 day moving average price is $3.49. The company’s market cap is $47.37 million.

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

In other Jason Industries news, major shareholder Wynnefield Partners Small Cap bought 15,330 shares of the company’s stock in a transaction that occurred on Saturday, December 31st. The shares were acquired at an average cost of $3.42 per share, for a total transaction of $52,428.60. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 disclosure for this sale 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.).

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