Joint Corp (NASDAQ:JYNT) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 15, 2016
Zacks Investment Research has downgraded Joint Corp (NASDAQ:JYNT) to Hold in a report released on 10/12/2016.
Previously on Wednesday August 17, 2016, Zacks Investment Research released a statement about Joint Corp (NASDAQ:JYNT) increased the target price from $0.00 to $2.25. At the time, this indicated a possible upside of 0.11%.
Just yesterday Joint Corp (NASDAQ:JYNT) traded 4.44% higher at $2.45. Joint Corp’s 50-day moving average is $2.56 and its 200-day moving average is $2.73. The last stock price is down -5.21% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 58,617 shares of JYNT traded hands, up from an average trading volume of 31,546
Recent Performance Chart
Joint Corp has 52 week low of $1.85 and a 52 week high of $7.90 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its target price, a total of 2 firms have issued a report on Joint Corp. The 12-month price target is $7.00 with one equity analyst rating the company a strong buy, one analyst rating the company a buy, 0 firms rating the stock a hold, zero equity analysts rating the stock a underperform, and finally 0 analysts rating the company a sell.
General Company Details For Joint Corp (NASDAQ:JYNT)
The Joint Corp. develops, owns, operates, supports and manages chiropractic clinics through direct ownership, management arrangements, franchising and the sale of regional developer rights throughout the United States. The Company is franchisor and operator of chiropractic clinics. The Company offers its patients the opportunity to visit its clinics without an appointment and receive prompt attention. The Company has approximately 310 franchised, company-owned, or managed clinics in operation in over 30 states. In addition to its approximately 310 operating clinics, the Company has granted franchises either directly or through its regional developers for an additional over 170 clinics. The Company offers a range of membership and wellness packages. Each patient's records are digitally updated for ready retrieval in its data storage system by its chiropractors in compliance with various applicable medical records security and privacy regulations.
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