Jupiter Wellness (NASDAQ:JUPW) Trading Up 5.2%

Jupiter Wellness, Inc. (NASDAQ:JUPW)’s share price traded up 5.2% during mid-day trading on Tuesday . The company traded as high as $2.65 and last traded at $2.64. 837,895 shares traded hands during trading, a decline of 8% from the average session volume of 911,297 shares. The stock had previously closed at $2.51.

Jupiter Wellness Price Performance

The firm has a market cap of $72.48 million, a PE ratio of -4.80 and a beta of 0.18. The stock’s fifty day simple moving average is $2.56 and its 200-day simple moving average is $2.55.

Institutional Trading of Jupiter Wellness

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sabby Management LLC purchased a new position in shares of Jupiter Wellness in the first quarter worth about $846,000. Renaissance Technologies LLC acquired a new stake in Jupiter Wellness during the 4th quarter valued at approximately $48,000. Jane Street Group LLC acquired a new stake in shares of Jupiter Wellness in the fourth quarter worth $48,000. Virtu Financial LLC purchased a new position in shares of Jupiter Wellness during the first quarter worth $39,000. Finally, Vanguard Group Inc. lifted its position in Jupiter Wellness by 5.2% during the third quarter. Vanguard Group Inc. now owns 424,897 shares of the company’s stock valued at $332,000 after purchasing an additional 21,052 shares during the period. Institutional investors and hedge funds own 15.55% of the company’s stock.

Jupiter Wellness 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.