Stifel Nicolaus Maintains Quinpario Acquisition Corp to Buy with Price Target $4.00

Brokerage firm Stifel Nicolaus Maintains its rating on Quinpario Acquisition Corp(NASDAQ:JASN). In a research note issued to the investors, the brokerage major Lowers the price-target to $4.00 per share. The shares have been rated Buy. The rating by Stifel Nicolaus was issued on Aug 5, 2016.

Quinpario Acquisition Corp (JASN) shares turned negative on Wednesdays trading session with the shares closing down -0.01 points or -0.43% at a volume of 40,677. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $2.34. The peak price level was also seen at $2.34 while the days lowest was $2.281. Finally the shares closed at $2.3. The 52-week high of the shares is $5.36 while the 52-week low is $2.13. According to the latest information available, the market cap of the company is $52 M.

Quinpario Acquisition Corp(JASN) last announced its earnings results on Aug 4, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $185.69M. Analysts had an estimated revenue of $200.70M. Earnings per share were $-0.07. Analysts had estimated an EPS of $0.07.

Several Insider Transactions has been reported to the SEC. On Jan 7, 2016, Alex Mitchell (10% owner) sold 100 shares at $4.10 per share price.Also, On Jan 7, 2016, Advisors, Llc Scopus (10% owner) sold 63 shares at $4.10 per share price.On Jan 7, 2016, Vista Fund Ltd. Scopus (10% owner) sold 1 shares at $4.10 per share price, according to the Form-4 filing with the securities and exchange commission.

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