NetworkNewsBreaks – Zacks Small-Cap Research Initiates Coverage on Jerrick Media Holdings Inc. (JMDA)
Jan 23, 2020
Zacks Small-Cap Research has initiated coverage on Jerrick Media Holdings (OTCQB: JMDA), a holding company that gives technology products the resources and opportunities to make ideas a reality. Among other highlights, the research report provides an outlook and overview of the company, details regarding the industry and competition, a report of the company’s financials, and a valuation. “We believe based on our forecasts and comparable companies, Jerrick Media could be worth $13.00 per share by 2021 based on multiple of 14 times enterprise value to sales using a combination of public and private company comparables,” the Zacks Small-Cap Research analyst states in the report. “This is based on it successfully reaching estimated sales of $9 million in 2021 without any additional equity dilution than forecasted.”
To view the full report, visit http://nnw.fm/y2gsU
About Jerrick
Jerrick Media Holdings, Inc. develops technology-based solutions to solve digital problems. Through the combination of design, thought and data analysis, the company builds products that influence a worldwide audience. Jerrick’s flagship product is Vocal, a proprietary long-form digital publishing platform that provides storytelling tools and engaged communities for creators to get discovered and fund their creativity. For more information, visit the company’s website at https://Jerrick.media.
NOTE TO INVESTORS: The latest news and updates relating to JMDA are available in the company’s newsroom at http://nnw.fm/JMDA
About NetworkNewsWire
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