NetworkNewsBreaks – Zacks Small-Cap Research Initiates Coverage on Jerrick Media Holdings Inc. (JMDA)

January 23, 2020 11:24:00

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

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

NOTE TO INVESTORS: The latest news and updates relating to JMDA are available in the company’s newsroom at

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