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New Big Money Means Janux Therapeutics Inc (JANX) Investors Could Reap Benefit

Janux Therapeutics Inc (NASDAQ: JANX) is 240.07% higher on its value in year-to-date trading and has touched a low of $5.65 and a high of $65.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The JANX stock was last observed hovering at around $35.29 in the last trading session, with the day’s gains setting it 1.2%.

Currently trading at $36.49, the stock is -13.78% and -14.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.82 million and changing 3.40% at the moment leaves the stock 25.12% off its SMA200. JANX registered 207.41% gain for a year compared to 6-month gain of 314.19%.

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The stock witnessed a -12.18% loss in the last 1 month and extending the period to 3 months gives it a -34.10%, and is -11.99% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.83% over the week and 7.10% over the month.

Janux Therapeutics Inc (JANX) has around 64 employees, a market worth around $1.89B and $15.13M in sales. Profit margin for the company is -291.17%. Distance from 52-week low is 545.84% and -44.37% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.48%).

The EPS is expected to grow by 10.77% this year

The shares outstanding are 46.25M, and float is at 35.22M with Short Float at 10.44%.

Janux Therapeutics Inc (JANX) Insider Activity

The most recent transaction is an insider sale by Lichter Jay, the company’s Director. SEC filings show that Lichter Jay sold 1,500,000 shares of the company’s common stock on Jun 03 ’24 at a price of $54.75 per share for a total of $82.12 million. Following the sale, the insider now owns 0.63 million shares.

Janux Therapeutics Inc disclosed in a document filed with the SEC on Jun 03 ’24 that Reardon Tighe (Acting Chief Financial Officer) sold a total of 822,721 shares of the company’s common stock. The trade occurred on Jun 03 ’24 and was made at $54.75 per share for $45.04 million. Following the transaction, the insider now directly holds 0.63 million shares of the JANX stock.

Still, SEC filings show that on Jun 03 ’24, Avalon Ventures XI, L.P. (10% Owner) disposed off 822,721 shares at an average price of $54.75 for $45.04 million. The insider now directly holds 633,673 shares of Janux Therapeutics Inc (JANX).

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