The price of Janus International Group Inc (NYSE:JBI) shares last traded on Wall Street rose 0.55% to $7.28.
JBI stock price is now -27.95% away from the 50-day moving average and -43.73% away from the 200-day moving average. The market capitalization of the company currently stands at $1.06B.
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On April 15, 2024, Jefferies recently initiated its ‘Buy’ rating on the stock quoting a target price of $20, while ‘Wolfe Research’ rates the stock as ‘Outperform’
In other news, Frayser Peter, Chief Commercial Officer sold 15,000 shares of the company’s stock on Jul 29 ’24. The stock was sold for $225,015 at an average price of $15.00. Upon completion of the transaction, the Chief Commercial Officer now directly owns 217,805 shares in the company, valued at $1.59 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 12 ’24, Chief Commercial Officer Frayser Peter sold 20,000 shares of the business’s stock. A total of $270,506 was realized by selling the stock at an average price of $13.53. This leaves the insider owning 232,805 shares of the company worth $1.69 million. A total of 3.98% of the company’s stock is owned by insiders.
During the past 12 months, Janus International Group Inc has had a low of $6.68 and a high of $15.86. As of last week, the company has a debt-to-equity ratio of 1.13, a current ratio of 2.80, and a quick ratio of 2.39. The fifty day moving average price for JBI is $10.1038 and a two-hundred day moving average price translates $12.93765 for the stock.
The latest earnings results from Janus International Group Inc (NYSE: JBI) was released for 2024-09-28. The net profit margin was 10.63% and return on equity was 21.04% for JBI. The company reported revenue of $248.4 million for the quarter, compared to $270.6 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -8.2 percent.
