Today’s Price Action: Quinpario Acquisition Corp Rises A lot Today, Is Now One of The Best Performer

Today's Price Action: Quinpario Acquisition Corp Rises A lot Today, Is Now One of The Best Performer

The stock of Quinpario Acquisition Corp (NASDAQ:JASN) is a huge mover today! About 274,202 shares traded hands or 145.58% up from the average. Quinpario Acquisition Corp (NASDAQ:JASN) has declined 33.02% since March 4, 2016 and is downtrending. It has underperformed by 41.06% the S&P500.
The move comes after 7 months positive chart setup for the $48.60M company. It was reported on Oct, 7 by Barchart.com. We have $6.43 PT which if reached, will make NASDAQ:JASN worth $87.97M more.

Analysts await Quinpario Acquisition Corp (NASDAQ:JASN) to report earnings on November, 4. They expect $-0.13 earnings per share, down 85.71% or $0.06 from last year’s $-0.07 per share. After $-0.02 actual earnings per share reported by Quinpario Acquisition Corp for the previous quarter, Wall Street now forecasts 550.00% negative EPS growth.

Quinpario Acquisition Corp (NASDAQ:JASN) Ratings Coverage

Out of 2 analysts covering Jason Industries (NASDAQ:JASN), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Jason Industries has been the topic of 3 analyst reports since November 2, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Friday, August 5 by Stifel Nicolaus. The stock of Quinpario Acquisition Corp (NASDAQ:JASN) has “Buy” rating given on Wednesday, March 2 by Stifel Nicolaus.

According to Zacks Investment Research, “Jason Industries, Inc. engages in the manufacturing of Finishing, Seating, Components, and Automotive Acoustics. It produces finishing products, including industrial brushes, buffing wheels, and buffing compounds; supplies seating solutions to equipment manufacturers in the motorcycle, lawn and turf care, industrial, agricultural, construction, and power sports end markets, as well as original equipment manufacturer seating for the heavyweight motorcycles; manufactures engineered non-woven, fiber-based acoustical products; manufactures stamped, formed, expanded, and perforated metal components and subassemblies. Jason Industries, Inc. is headquartered in Milwaukee, Wisconsin.”

More notable recent Quinpario Acquisition Corp (NASDAQ:JASN) news were published by: Nasdaq.com which released: “2015’s first blank check: Quinpario Acquisition Corp. 2 prices IPO at $10” on January 16, 2015, also Globenewswire.com with their article: “Quinpario Acquisition Corp. Announces Agreement to Acquire Jason Incorporated” published on March 17, 2014, Globenewswire.com published: “Quinpario Acquisition Corp. 2 Closes $350000000 Initial Public Offering” on January 22, 2015. More interesting news about Quinpario Acquisition Corp (NASDAQ:JASN) were released by: Stltoday.com and their article: “Quinpario closes on $539 million Jason Inc. purchase” published on June 30, 2014 as well as Globenewswire.com‘s news article titled: “Jason Industries, Inc. (Formerly Quinpario Acquisition Corp.) Announces …” with publication date: July 21, 2014.

JASN Company Profile

Jason Industries, Inc. (Jason Industries), formerly Quinpario Acquisition Corp., incorporated on May 31, 2013, is an industrial manufacturing company. The Firm operates through four business divisions: seating, finishing, acoustics and components. The seating segment supplies seating solutions to equipment manufacturers in various markets. The finishing segment focuses on the production of industrial brushes, buffing wheels and buffing compounds that are used in a range of industrial and infrastructure applications. The acoustics segment makes acoustical products. The components segment is a maker of metal components and subassemblies. Jason Industries provides components and manufacturing solutions to clients across a range of end markets, industries and geographies through a global network of over 30 manufacturing facilities and over 20 sales offices, warehouses and joint venture facilities across the United States, and over 10 foreign countries.

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