Jupiter Wellness (NASDAQ:JUPW) Stock Price Up 3.5%

Jupiter Wellness, Inc. (NASDAQ:JUPW) shares rose 3.5% during mid-day trading on Wednesday . The stock traded as high as $2.12 and last traded at $2.07. Approximately 751,205 shares traded hands during trading, a decline of 18% from the average daily volume of 911,297 shares. The stock had previously closed at $2.00.

Jupiter Wellness Trading Up 2.0 %

The firm has a 50 day moving average of $2.39 and a 200-day moving average of $2.63. The company has a market cap of $55.46 million, a P/E ratio of -3.67 and a beta of 0.18.

Institutional Trading of Jupiter Wellness

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sabby Management LLC bought a new stake in Jupiter Wellness during the 1st quarter valued at approximately $846,000. Vanguard Group Inc. raised its stake in Jupiter Wellness by 5.2% during the 3rd 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. Renaissance Technologies LLC bought a new stake in Jupiter Wellness in the 4th quarter worth approximately $48,000. Jane Street Group LLC bought a new stake in Jupiter Wellness in the 4th quarter worth approximately $48,000. Finally, Virtu Financial LLC bought a new stake in Jupiter Wellness in the 1st quarter worth approximately $39,000. Institutional investors own 15.55% of the company’s stock.

About Jupiter Wellness

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.