At the time of writing, Janux Therapeutics Inc [JANX] stock is trading at $45.52, up 8.77%. An important factor to consider is whether the stock is rising or falling in short-term value. The JANX shares have gain 1.13% over the last week, with a monthly amount glided 26.94%, and 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 September 06, 2024, when Stifel initiated its Buy rating and assigned the stock a price target of $70. Previously, Scotiabank started tracking the stock with Sector Perform rating on May 30, 2024, and set its price target to $47. On March 21, 2024, BTIG Research initiated with a Buy rating and assigned a price target of $62 on the stock. Cantor Fitzgerald started tracking the stock assigning a Overweight rating and suggested a price target of $100 on March 20, 2024. Wedbush initiated its recommendation with a Outperform and recommended $24 as its price target on April 06, 2023.
For the past year, the stock price of Janux Therapeutics Inc fluctuated between $5.65 and $65.60. Currently, Wall Street analysts expect the stock to reach $59.25 within the next 12 months. Janux Therapeutics Inc [NASDAQ: JANX] shares were valued at $45.52 at the most recent close of the market. An investor can expect a potential return of 30.16% based on the average JANX price forecast.
Analyzing the JANX fundamentals
According to Janux Therapeutics Inc [NASDAQ:JANX], the company’s sales were 15.13M for trailing twelve months, which represents an 741.72% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
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 42.32 points at the first support level, and at 39.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 48.09, and for the 2nd resistance point, it is at 50.66.
Ratios To Look Out For
It is important to note that Janux Therapeutics Inc [NASDAQ:JANX] has a current ratio of 57.34. On the other hand, the Quick Ratio is 57.34, and the Cash Ratio is 1.27. Considering the valuation of this stock, the price to sales ratio is 156.93, the price to book ratio is 3.61.
Transactions by insiders
Recent insider trading involved Avalon BioVentures I, LP, 10% Owner, that happened on Sep 10 ’24 when 8842.0 shares were purchased. 10% Owner, Avalon BioVentures SPV I, L.P. completed a deal on Sep 10 ’24 to buy 46604.0 shares. Meanwhile, 10% Owner Avalon Ventures XI, L.P. bought 45645.0 shares on Sep 10 ’24.
