A share price of Janux Therapeutics Inc [JANX] is currently trading at $43.42, up 5.08%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The JANX shares have gain 18.63% over the last week, with a monthly amount drifted -2.82%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Janux Therapeutics Inc [NASDAQ: JANX] stock has seen the most recent analyst activity on May 30, 2024, when Scotiabank initiated its Sector Perform rating and assigned the stock a price target of $47. Previously, BTIG Research started tracking the stock with Buy rating on March 21, 2024, and set its price target to $62. On March 20, 2024, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $100 on the stock. Wedbush started tracking the stock assigning a Outperform rating and suggested a price target of $24 on April 06, 2023. William Blair initiated its recommendation with a Outperform.
Janux Therapeutics Inc experienced fluctuations in its stock price throughout the past year between $5.65 and $65.60. Currently, Wall Street analysts expect the stock to reach $55.67 within the next 12 months. Janux Therapeutics Inc [NASDAQ: JANX] shares were valued at $43.42 at the most recent close of the market. An investor can expect a potential return of 28.21% based on the average JANX price forecast.
Analyzing the JANX fundamentals
Trailing Twelve Months sales for Janux Therapeutics Inc [NASDAQ:JANX] were 15.13M which represents 741.72% growth. Gross Profit Margin for this corporation currently stands at 0.86% with Operating Profit Margin at -4.36%, Pretax Profit Margin comes in at -2.91%, and Net Profit Margin reading is -2.91%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.09 and Total Capital is -0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 41.49 points at the first support level, and at 39.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.83, and for the 2nd resistance point, it is at 46.24.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Janux Therapeutics Inc [NASDAQ:JANX] is 57.34. Further, the Quick Ratio stands at 57.34, while the Cash Ratio is 1.27. Considering the valuation of this stock, the price to sales ratio is 149.69, the price to book ratio is 3.44.
Transactions by insiders
Recent insider trading involved Lichter Jay, Director, that happened on Jun 03 ’24 when 1.5 million shares were sold. Acting Chief Financial Officer, Reardon Tighe completed a deal on Jun 03 ’24 to sell 0.82 million shares. Meanwhile, 10% Owner Avalon Ventures XI, L.P. sold 0.82 million shares on Jun 03 ’24.
