JanOne Inc (JAN) Stock: A Guide to the Market Trend

The stock of JanOne Inc (JAN) has gone up by 28.19% for the week, with a 32.64% rise in the past month and a 606.10% rise in the past quarter. The volatility ratio for the week is 13.99%, and the volatility levels for the past 30 days are 12.28% for JAN. The simple moving average for the past 20 days is 42.92% for JAN’s stock, with a 313.95% simple moving average for the past 200 days.

Is It Worth Investing in JanOne Inc (NASDAQ: JAN) Right Now?

Moreover, the 36-month beta value for JAN is 2.11. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for JAN is 7.22M and currently, short sellers hold a 3.47% of that float. On April 17, 2024, JAN’s average trading volume was 284.72K shares.

JAN) stock’s latest price update

The stock of JanOne Inc (NASDAQ: JAN) has increased by 24.03 when compared to last closing price of 3.08.Despite this, the company has seen a gain of 28.19% in its stock price over the last five trading days. InvestorPlace reported 2023-11-09 that JanOne (NASDAQ: JAN ) stock is on the rise Thursday despite a lack of news from the clinical-stage biopharmaceutical company. There haven’t been any news press releases of filings with the Securities and Exchange Commission (SEC) from the company that would cause today’s rally.

JAN Trading at 96.10% 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 able to rebound, for now settling with 19.37% of gains for the given period.

Volatility was left at 12.28%, however, over the last 30 days, the volatility rate increased by 13.99%, as shares surge +35.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +554.67% upper at present.

During the last 5 trading sessions, JAN rose by +28.19%, which changed the moving average for the period of 200-days by +257.01% in comparison to the 20-day moving average, which settled at $2.72. In addition, JanOne Inc saw 588.29% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for JAN

The total capital return value is set at -0.38. Equity return is now at value -122.02, with -52.40 for asset returns.

Based on JanOne Inc (JAN), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at 2.07. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -5.65.

Currently, EBITDA for the company is -3.25 million with net debt to EBITDA at -0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.06.

Conclusion

To wrap up, the performance of JanOne Inc (JAN) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Most Popular

Related Posts