JanOne Inc. (NASDAQ: JAN)’s stock price has increased by 16.20 compared to its previous closing price of 1.42. Nevertheless, the company has seen a gain of 9.27% in its stock price over the last five trading days.
Is It Worth Investing in JanOne Inc. (NASDAQ: JAN) Right Now?
compared to its average ratio and a 36-month beta value of 1.91. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for JanOne Inc. (JAN) is $20.00, The public float for JAN is 2.65M, and currently, short sellers hold a 0.84% ratio of that float. The average trading volume of JAN on March 17, 2023 was 81.33K shares.
JAN’s Market Performance
JAN stock saw a decrease of 9.27% in the past week, with a monthly decline of 0.00% and a quarterly a decrease of -15.82%. The volatility ratio for the week is 7.99%, and the volatility levels for the last 30 days are 5.78% for JanOne Inc. (JAN). The simple moving average for the last 20 days is 6.39% for JAN stock, with a simple moving average of -26.47% for the last 200 days.
JAN Trading at 6.24% from the 50-Day Moving Average
After a stumble in the market that brought JAN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -67.00% of loss for the given period.
Volatility was left at 5.78%, however, over the last 30 days, the volatility rate increased by 7.99%, as shares surge +1.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.86% upper at present.
During the last 5 trading sessions, JAN rose by +9.27%, which changed the moving average for the period of 200-days by -26.34% in comparison to the 20-day moving average, which settled at $1.5519. In addition, JanOne Inc. saw 20.44% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for JAN
Current profitability levels for the company are sitting at:
- -17.46 for the present operating margin
- +12.16 for the gross margin
The net margin for JanOne Inc. stands at -42.19. Equity return is now at value 54.70, with -7.10 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.39.
Conclusion
To put it simply, JanOne Inc. (JAN) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
