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Is JanOne Inc. (NASDAQ:JAN) Still Worth A Bite?

JanOne Inc. (NASDAQ:JAN) shares fell to a low of $6.40 before closing at $6.70. Intraday shares traded counted 1.62 million, which was -185.04% lower than its 30-day average trading volume of 568.86K. JAN’s previous close was $6.71 while the outstanding shares total 1.83M. The firm has a beta of 1.73. The stock’s Relative Strength Index (RSI) is 44.52, with weekly volatility at 15.24% and ATR at 0.74. The JAN stock’s 52-week price range has touched low of $2.32 and a $31.83 high. The stock traded lower over the last trading session, losing -0.15% on 05/17/21.

Investors have identified the Waste Management company JanOne Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $16.35 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

JanOne Inc. (JAN) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 6.94 million total, with 20.6 million as their total liabilities.

Is the stock of JAN attractive?

In related news, Chief Financial Officer, Johnson Virland A sold 4,112 shares of the company’s stock in a transaction that recorded on Feb 05. The sale was performed at an average price of 8.65, for a total value of 35,569. As the sale deal closes, the Chief Financial Officer, Johnson Virland A now sold 1,469 shares of the company’s stock, valued at 5,303. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.40%.

0 out of 1 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on JanOne Inc.. 0 analysts has assigned a Sell rating on the JAN stock. The 12-month mean consensus price target for the company’s shares has been set at $4.00.

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