Estimating Price Trends For Janover Inc (NASDAQ: JNVR)

Janover Inc (NASDAQ:JNVR) does about 13.87K shares in volume on a normal day but saw 24776655 shares change hands in the recent trading day. The company now has a market cap of 53.91M USD. Its current market price is $37.70, marking an increase of 842.50% compared to the previous close of $4.00. The 52 week high reached by this stock is $10.64 whilst the lowest price level in 52 weeks is $3.37.

Janover Inc (JNVR) has a 20-day trading average at $6.30 and the current price is 254.32% off the 52-week high compared with 1019.89% distance from its 52-week low. The 50-day simple moving average of the closing price is $5.39 and its 200-day simple moving average is $5.09. If we look at the stock’s price movements over the week, volatility stands at 84.76%, which decreases to 30.96% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 94.32 to suggest the stock is overbought.

The current price level is 498.46%, 599.83%, and 640.33% away from its SMA20, SMA50, and SMA200 respectively, with the JNVR price moving below the 50-day SMA on current market day. Janover Inc (JNVR) stock is up 654.00% over the week and 818.39% over the past month. Its price is 676.52% year-to-date and 317.04% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 1.42M with insiders holding 58.32% of the shares and institutional holders owning 0.26% of the company’s common stock. The company has a return on investment of -77.87% and return on equity of -58.53%. The beta has a value of 1.02. Price to book ratio is 15.24 and price to sales ratio is 25.67.