Has Plenty of Room Growth Ahead for JanOne Inc. (JAN)?

As it stands, a total of 1 analysts are covering JAN stock, with 0 of them rating it as a Buy while 0 of them rating it as Overweight. 1 analysts meanwhile advised investors to Hold, 0 rated it as Underweight while the 0 rated it as a Sell. A look at the overall ratings means that JanOne Inc. (JAN) stock has an average rating of Hold.

The stock market has a tendency to become sophisticated sometimes, even for seasoned investors and traders. Even when a trader got what he/she had expected, the market sometimes decides to move in the opposite direction. This volatility sometimes leads to some traders doubting and second-guessing their moves. This is why getting to know historical price performance, as well as both long-term and short-term trends, is very important. Over the past one week, JAN price has surged by 26.69%. A look at its price performance over the past three months sees the stock go up by 38.24%, while it has gain 4.34% over the past six months and 69.83% since the start of the year.

Let us now look at some of its likely support and resistance level. Recent research on JanOne Inc. (JAN) has seen its stock trading -46.53% below its three-month high price. A look at the other side also sees stock trading +86.89% above its three-month low. A wider look sees JAN trading -46.53% below its 52-week high and 92.50% above from its 52-week low price.

Shareholders of the company sometimes like to find out how their investments are growing. JanOne Inc. (JAN) has so far given an ROE of -36.00%. When the ROE is low, it means that the company isn’t generating enough profits. The Return on Assets (ROA) ratio meanwhile is an indication of how profitable a company is relative to the total asset it owns. JanOne Inc. (JAN)’s ROA at the moment stands at -20.10%. Any company that is managing its assets better will have a higher return while one that manages assets poorly would result in low returns.

JanOne Inc. (JAN) has a return on investment (ROI) of -24.10%. The higher the ROI percentage, the higher the profit exceeds the costs, thus analysts consider such investments as an overall gain. A negative ROI, however, means that the cost is higher than the profits, a scenario analysts consider as a net loss.

Let us now take a look at JanOne Inc. (JAN)’s trading volatility. Its 7-day volatility is around 19.11%, while it has a monthly volatility of 13.78%. JAN has an ATR (Average True Range) of 0.52 and a beta factor of 1.12. The volatility of a stock is an indication of the stock’s drop or gain in case the wider market drops or surges. A beta score higher than 1 means that a stock is highly volatile while below 1 means that the volatility of a stock is low.

The price of JAN moved down by -$0.27 during the normal trading session on Friday to trade at $3.85. The JanOne Inc. (JAN) stock has a trading volume of 417395.0 shares, which is high, compared to its average daily volume of 404.16K shares.