Stock analysts at Roth Capital initiated coverage on shares of Quinpario Acquisition (NASDAQ:JASN) in a report released on Thursday. The brokerage set a “buy” rating and a $4.50 price target on the technology company’s stock. Roth Capital’s price target would indicate a potential upside of 79.28% from the stock’s current price.

Separately, ValuEngine upgraded Quinpario Acquisition from a “sell” rating to a “hold” rating in a report on Sunday.

Shares of Quinpario Acquisition (NASDAQ:JASN) opened at $2.51 on Thursday. The firm has a market capitalization of $65.18, a P/E ratio of -13.21 and a beta of 0.39. The company has a quick ratio of 1.34, a current ratio of 2.00 and a debt-to-equity ratio of -8.26. Quinpario Acquisition has a fifty-two week low of $0.77 and a fifty-two week high of $2.64.

A number of large investors have recently made changes to their positions in JASN. Essex Investment Management Co. LLC grew its holdings in Quinpario Acquisition by 154.7% during the 3rd quarter. Essex Investment Management Co. LLC now owns 300,141 shares of the technology company’s stock valued at $477,000 after buying an additional 182,310 shares during the last quarter. Vaughan David Investments Inc. IL grew its holdings in Quinpario Acquisition by 3,974.3% during the 3rd quarter. Vaughan David Investments Inc. IL now owns 407,431 shares of the technology company’s stock valued at $38,914,000 after buying an additional 397,431 shares during the last quarter. Finally, Malaga Cove Capital LLC grew its holdings in Quinpario Acquisition by 40.3% during the 3rd quarter. Malaga Cove Capital LLC now owns 91,600 shares of the technology company’s stock valued at $136,000 after buying an additional 26,300 shares during the last quarter. Hedge funds and other institutional investors own 35.38% of the company’s stock.

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Quinpario Acquisition Company Profile

Jason Industries is the parent company to a global family of manufacturing leaders within the seating, finishing, components and automotive acoustics markets, including Assembled Products (Buffalo Grove, Ill.), Janesville Acoustics (Southfield, Mich.), Metalex (Libertyville, Ill.), Milsco (Milwaukee, Wis.), Osborn (Richmond, Indiana and Burgwald, Germany) and Sealeze (Richmond, Va.).

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