A secret that hides Juniper Networks Inc’s strength (NYSE:JNPR)

Stocks of Juniper Networks Inc (NYSE:JNPR) traded higher last session on Wall Street, down -2.47% to $35.61.

JNPR stock price is now -8.15% away from the 50-day moving average and -4.32% away from the 200-day moving average. The market capitalization of the company currently stands at $11.21B.

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, while ‘JP Morgan’ rates the stock as ‘Neutral’

In other news, Miller Kenneth Bradley, EVP CFO sold 40,000 shares of the company’s stock on Jul 02 ’24. The stock was sold for $1,466,980 at an average price of $36.67. Upon completion of the transaction, the EVP CFO now directly owns 84,776 shares in the company, valued at $3.02 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 01 ’24, EVP CFO Miller Kenneth Bradley sold 40,000 shares of the business’s stock. A total of $1,460,084 was realized by selling the stock at an average price of $36.50. This leaves the insider owning 124,776 shares of the company worth $4.44 million. A total of 1.23% of the company’s stock is owned by insiders.

During the past 12 months, Juniper Networks Inc has had a low of $25.83 and a high of $39.79. As of last week, the company has a debt-to-equity ratio of 0.38, a current ratio of 1.72, and a quick ratio of 1.30. According to the stock market information, the enterprise value for the company is $12672061440, which is based on a 46.94 price-to-earnings ratio, a 7.82 price-to-earnings-growth ratio, and a beta of 0.91. The fifty day moving average price for JNPR is $38.8236 and a two-hundred day moving average price translates $37.22335 for the stock.

The latest earnings results from Juniper Networks Inc (NYSE: JNPR) was released for 2024-09-30. The net profit margin was 4.97% and return on equity was 5.58% for JNPR. The company reported revenue of $1.33 billion for the quarter, compared to $1.4 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.78 percent.

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