Essex Investment Management Co. LLC boosted its position in Jason Industries, Inc. (NASDAQ:JASN) by 154.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 300,141 shares of the technology company’s stock after purchasing an additional 182,310 shares during the quarter. Essex Investment Management Co. LLC owned about 1.16% of Jason Industries worth $477,000 as of its most recent filing with the Securities and Exchange Commission.
Separately, Zacks Investment Research raised shares of Jason Industries from a “hold” rating to a “strong-buy” rating and set a $1.25 target price for the company in a research note on Thursday, July 20th.
Jason Industries, Inc. (JASN) opened at $2.00 on Friday. Jason Industries, Inc. has a one year low of $0.77 and a one year high of $2.25. The company has a debt-to-equity ratio of -8.78, a quick ratio of 1.42 and a current ratio of 2.00.
Jason Industries (NASDAQ:JASN) last posted its quarterly earnings data on Thursday, August 3rd. The technology company reported $0.06 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.07. The company had revenue of $172.48 million for the quarter.
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Jason Industries Profile
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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