Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Janux Therapeutics Inc shares valued at $713,902 were purchased by ANDREW MEYER on Jan 02 ’25. At $53.54 per share, ANDREW MEYER acquired 13,334 shares.
Also, Campbell David Alan sold 25,000 shares, netting a total of over 1,404,805 in proceeds. Following the sale of shares at $56.19 each, the insider now holds 217,054 shares.
Before that, Campbell David Alan had added 25,000 shares to its account. In a trade valued at $1,404,805, the Officer bought Janux Therapeutics Inc shares for $56.19 each.
As published in a research note from H.C. Wainwright on December 03, 2024, Janux Therapeutics Inc [JANX] has been retained to a Buy and the price target has been revised to $70. Analysts at BTIG Research resumed the stock at ‘”a Buy”‘ outlook in a report released in early December. As of November 22, 2024, Leerink Partners has initiated its “an Outperform” rating for JANX. Earlier on October 24, 2024, UBS initiated its rating. Their recommendation was “a Buy” for JANX stock.
Analyzing JANX Stock Performance
During the last five days, there has been a drop of approximately -5.17%. Over the course of the year, Janux Therapeutics Inc shares have dropped approximately -0.56%. Shares of the company reached a 52-week high of $57.46 on 01/02/25 and a 52-week low of $53.17 on 01/02/25. A 50-day SMA is recorded $54.55, while a 200-day SMA reached $47.45. Nevertheless, trading volume fell to 0.94 million shares from 0.52 million shares the previous day.
Support And Resistance Levels for Janux Therapeutics Inc (JANX)
According to the 24-hour chart, there is a support level at 51.79, which, if violated, would cause prices to drop to 50.33. In the upper region, resistance lies at 56.08. The next price resistance is at 58.91. RSI (Relative Strength Index) is 44.45 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.62, which suggests the price will decrease in the coming days. Percent R is at 91.38%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
