Janus International Group (NYSE:JBI) Reaches New 1-Year Low – Here’s Why

Janus International Group, Inc. (NYSE:JBI)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as $6.40 and last traded at $6.43, with a volume of 280502 shares traded. The stock had previously closed at $7.13.

Janus International Group Trading Up 4.4 %

The stock has a market cap of $965.34 million, a P/E ratio of 9.56 and a beta of 1.09. The firm’s 50 day simple moving average is $8.02 and its two-hundred day simple moving average is $8.19. The company has a quick ratio of 2.39, a current ratio of 2.80 and a debt-to-equity ratio of 1.11.

Institutional Investors Weigh In On Janus International Group

Several institutional investors and hedge funds have recently bought and sold shares of JBI. Tower Research Capital LLC TRC grew its holdings in shares of Janus International Group by 42.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 5,146 shares of the company’s stock valued at $38,000 after purchasing an additional 1,544 shares during the last quarter. LPL Financial LLC increased its position in Janus International Group by 5.4% in the fourth quarter. LPL Financial LLC now owns 35,829 shares of the company’s stock worth $263,000 after buying an additional 1,839 shares during the period. Federated Hermes Inc. boosted its holdings in shares of Janus International Group by 109.3% during the fourth quarter. Federated Hermes Inc. now owns 4,798 shares of the company’s stock valued at $35,000 after acquiring an additional 2,506 shares during the period. Applied Fundamental Research LLC grew its position in shares of Janus International Group by 0.4% during the fourth quarter. Applied Fundamental Research LLC now owns 790,594 shares of the company’s stock worth $5,811,000 after acquiring an additional 2,877 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Janus International Group by 3.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 80,735 shares of the company’s stock worth $593,000 after acquiring an additional 2,890 shares during the period. Institutional investors and hedge funds own 88.78% of the company’s stock.

Janus International Group Company Profile

Janus International Group, Inc manufacturers and supplies turn-key self-storage, and commercial and industrial building solutions in North America and internationally. The company offers roll up and swing doors, hallway systems, relocatable storage moveable additional storage structures units, and other solutions.