Janus International Group Inc’s filing revealed that its Chief Commercial Officer Frayser Peter unloaded Company’s shares for reported $0.23 million on Jul 29 ’24. In the deal valued at $15.00 per share,15,000 shares were sold. As a result of this transaction, Frayser Peter now holds 217,805 shares worth roughly $1.83 million.
Then, Frayser Peter sold 20,000 shares, generating $270,506 in total proceeds. Upon selling the shares at $13.53, the Chief Commercial Officer now owns 232,805 shares.
Jefferies downgraded its Janus International Group Inc [JBI] rating to a Hold from a a Buy in a research note published on November 04, 2024; the price target was decreased to $7.50 from $12. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who decreased its forecast for the stock in mid August from “an Outperform” to “a Peer perform”. Jefferies began covering JBI with “Buy” recommendation on April 15, 2024. Wolfe Research started covering the stock on July 24, 2023. It rated JBI as “an Outperform”.
Price Performance Review of JBI
On Monday, Janus International Group Inc [NYSE:JBI] saw its stock jump 2.68% to $8.42. Over the last five days, the stock has gained 15.34%. Janus International Group Inc shares have risen nearly 14.56% since the year began. Nevertheless, the stocks have fallen -37.16% over the past one year. While a 52-week high of $15.24 was reached on 02/26/25, a 52-week low of $5.99 was recorded on 04/16/25. SMA at 50 days reached $7.34, while 200 days put it at $8.64.
Levels Of Support And Resistance For JBI Stock
The 24-hour chart illustrates a support level at 8.21, which if violated will result in even more drops to 8.01. On the upside, there is a resistance level at 8.69. A further resistance level may holdings at 8.97. The Relative Strength Index (RSI) on the 14-day chart is 72.75, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 15.04%. Stochastics %K at 89.85% indicates the stock is a selling.
The most recent change occurred on September 06, 2022 when CJS Securities began covering the stock and recommended ‘”a Market outperform”‘ rating along with a $15 price target.
