Is This Stock a Screaming Buy: Jernigan Capital, Inc. (NYSE:JCAP)

Equity Research firms currently have a positive stance on shares of Jernigan Capital, Inc. (NYSE:JCAP). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.30. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $20.83 on a short term basis.

At the time of writing, the stock was trading at $17.40. This represents a change from the opening price of 1.34%. In terms of performance, year to date, the stock is 22.97%. The monthly stock performance comes in at 2.96%. For the quarter, shares are performing at 26.44%. Weekly performance analysis shows the equity at -11.16%.

In taking a look at technical levels, shares are trading 2.53% away from the 50 day simple moving average and 21.35% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -11.31% away from it’s 52- week high and 79.93% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Jernigan Capital, Inc.’s RSI stands at 45.50. In looking at volatility levels, the shares saw weekly volatility of 5.76% and 3.29% over the past month.

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