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How to Buy Janux Therapeutics Stock

Janux Therapeutics Inc

Janux Therapeutics, Inc. , a biopharmaceutical company, develops therapeutics based on proprietary Tumor Activated T Cell Engager (TRACTr) platform technology to treat patients suffering from cancer.

Janux Therapeutics stock last closed at $37.65, down 0.71% from the previous day, and has increased 234.67% in one year. It has overperformed other stocks in the Biotechnology industry by 2.39 percentage points. Janux Therapeutics stock is currently +566.37% from its 52-week low of $5.65, and -35.85% from its 52-week high of $58.69.

There are currently 51.66M JANX shares outstanding. The market value of JANX is $1.95B. In the past 24 hours, 395,953 JANX shares were traded.

How to Buy Janux Therapeutics Stock

Wondering how to invest in Janux Therapeutics stock? Here's how.
  1. Figure out where to buy Janux Therapeutics stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Janux Therapeutics stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Choose your method of payment and add your information.
  4. Research Janux Therapeutics stock: The Janux Therapeutics ticker symbol is JANX. Is Janux Therapeutics stock a good investment? Should you buy shares of JANX? How do JANX's underlying business fundamentals look? Do top analysts think Janux Therapeutics is a good buy? Why has JANX's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if JANX is a good stock to buy).
  5. Place your JANX purchase: Decide if you will purchase JANX shares at the current market price or use a limit order to buy JANX shares at a particular price.
  6. Watch your JANX position: Create a watchlist to key updates about your new investment in Janux Therapeutics stock.

Step 1: Figure out where to buy Janux Therapeutics stock

You need an online brokerage account in order to access the NASDAQ market and buy JANX stock.

A brokerage account enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've selected your brokerage, you need to fill out some personal information so you can invest in JANX stock today.

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  1. Submit your application by pressing the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you've finished signing up on investing apps, you need to deposit funds:

Watch the tutorial below if you need help transferring funds into your brokerage account.

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Step 4: Research Janux Therapeutics stock

Once you have decided on the best place to buy Janux Therapeutics stock, it's absolutely critical to research their stock before you buy, so you can comprehend the risk and opportunity.

Janux Therapeutics stock at a glance

JANX Price
$37.65
1w %
-5.52%
1y %
234.67%
5y %
N/A
P/E
-28.52x
P/B
5.65x
P/S
204.62x
PEG
N/A
Revenue
$8.08M
Earnings
-$58.29M
Fore. Rev. Growth
131.99%
Fore. Earn. Growth
N/A
Market Cap
$1.95B
Next Earnings
May 10, 2024
Next Dividend
N/A

JANX Due Diligence Checks

WallStreetZen was created to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on JANX's stock page.

Is JANX stock undervalued?

You can use many financial metrics, analyses, models, and charts to gauge JANX's fair value.

Using relative valuations metrics:

  • JANX may be undervalued based on its P/B ratio of 5.65x, relative to Biotechnology industry P/B ratio of 6.21x

You can do additional valuation analysis on JANX's stock here.

A quick look at JANX Financials

Passed Financial Due Diligence Checks:

  • JANX has cash burn of 52425000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the JANX balance sheet.
  • JANX has a low debt to equity ratio of 0.11.
  • JANX has $344.84M in cash and short term investments. This is enough to cover its annual cash burn of $52.43M.
  • There are more short-term assets than short-term liabilities on the JANX balance sheet.

Failed Financial Due Diligence Checks:

  • JANX profit margin has gone up by 0.11 percentage points in the past year, but the company is still unprofitable.

Is it a good time to buy Janux Therapeutics stock, according to analysts?

Out of 6 Wall Street analysts who monitor JANX, the consensus analyst rating on JANX is a Strong Buy

Please note that analyst forecasts are not recommendations, nor are they financial advice.

Latest JANX Analyst Upgrades/Downgrades

Robert Driscoll, a top 2% analyst from Wedbush reiterates JANX with a buy rating and maintains their JANX price target from $24.00 to $24.00, on Nov 8, 2023.

You can dive deeper into what analysts are projecting on the Janux Therapeutics stock forecast page.

JANX Technicals

SMA10
38.83
SMA20
40.04
SMA50
24.27
SMA100
16.82
SMA200
13.81
MACD
3.54
MACD Signal
4.87
MACD Histogram
-1.33
RSI
58.73
Stochastic %K
28.33
Stochastic %D
30.56
StochRSI %K
1.96
StochRSI %D
2.77

JANX Growth Numbers

Last year, JANX revenue was $8.08M. Over the last two year, JANX's revenue has grown by 49.08% per year. This was faster than the Biotechnology industry average of 29.51%.

Dig into JANX's earnings and revenue performance here.

Are JANX insiders buying or selling the stock?

In the last year, insiders at JANX have bought more shares than they have sold.

Avalon Ventures Xi LP, 10% Owner of JANX, was the latest JANX insider to buy. They bought $4,988,642.98 worth of JANX shares on Nov 13, 2023.

Get more info about who owns JANX shares here.

Does JANX provide a stable income stream?

No, Janux Therapeutics doesn't provide an income stream by paying out dividends.

What do other investors have to say about JANX?

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your JANX purchase

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a given dollar amount limit, place a limit order.

Click the Open Trade button and your broker will place your order.

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Step 6: Watch your JANX position

Now that you own some JANX stock, you'll want to stay up-to-date on your company.

Create a watchlist to get the latest updates about your JANX stock.

JANX Feed

How to Buy Stock in Janux Therapeutics

To reiterate, here are the 6 steps you need to take to buy Janux Therapeutics stock right now:

  1. Figure out where to buy Janux Therapeutics stock
  2. Open your brokerage account
  3. Deposit funds into your investment account
  4. Research Janux Therapeutics stock
  5. Place your JANX purchase
  6. Watch your JANX position

If you are looking for a brokerage, eToro is our recommended venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your investment in Janux Therapeutics, hit the button below to create your watchlist.

NASDAQ: JANX
$37.65-0.27 (-0.71%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: JANX
$37.65-0.27 (-0.71%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Janux Therapeutics share?

As of Mar 28, 2024, it costs $37.65 to buy one share of Janux Therapeutics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.266 shares of JANX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Janux Therapeutics stock?

According to 6 Wall Street analysts who monitor Janux Therapeutics, their consensus recommendation is to buy Janux Therapeutics stock.

What is the best way to buy Janux Therapeutics stock?

One way to place an order for Janux Therapeutics stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.