Juniper Networks Inc (NYSE:JNPR) price is hovering higher on Wednesday, April 17, jumping 0.15% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $36.43. The company’s P/E ratio in the trailing 12-month period read 38.31. Taking into account the 52-week price action we note that the stock hit a 52-week high of $38.04 and 52-week low of $24.87. The stock subtracted -0.61% on its value in the past month.
Juniper Networks Inc, which has a market valuation of $11.84 billion. The company stock has a Forward Dividend ratio of 0.88, while the dividend yield is 2.41%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give JNPR a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 3.48. The overview shows that JNPR’s price is at present -1.24% off the SMA20 and -1.38% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 39.09, with weekly volatility standing at 0.66%. The indicator jumps to 0.57% when calculated based on the past 30 days. Juniper Networks Inc (NYSE:JNPR)’s beta value is holding at 0.97, while the average true range (ATR) indicator is currently reading 0.24.
An analysis of the Juniper Networks Inc (NYSE:JNPR) stock in terms of its daily trading volume indicates that the 3-month average is 3.80 million.
Current records show that the company has 320.30M in outstanding shares. The insiders’ percentage holdings are 1.31% of outstanding shares while the percentage share held by institutions stands at 93.63%. But the 23.76% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
