Janus Capital Group Inc (JNS) has risen sharply, recording gains of 6.47% in the past 4 weeks. However, the stock has corrected -0.86% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.89% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Janus Capital Group Inc (NYSE:JNS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.79 and $14.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.11. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.97, notching a gain of 2.39% for the day. The total traded volume was 1,352,777 . The stock had closed at $14.62 on the previous day.
The stock has recorded a 20-day Moving Average of 2.09% and the 50-Day Moving Average is 3.28%. Janus Capital Group, Inc. is up 5.18% in the last 3-month period. Year-to-Date the stock performance stands at 8.73%.
Janus Capital Group Inc (JNS) : Currently there are 4 street experts covering Janus Capital Group Inc (JNS) stock. The most bullish and bearish price target for the stock is $16 and $13 respectively for the short term. The average price target of all the analysts comes to $15.13. The estimated standard deviation from the target is $1.44.
Janus Capital Group Inc. provides investment management, administration, distribution and related services to financial advisors, individuals and institutional clients through mutual funds, other pooled investment vehicles, separate accounts and subadvised relationships (collectively referred to as investment products) in both domestic and international markets. The Company provides investment management solutions across a range of disciplines, including fundamental United States and global equities (growth and value), mathematical equities, fixed income and alternatives through its subsidiaries, Janus Capital Management LLC (Janus), VelocityShares, LLC, INTECH Investment Management LLC (INTECH) and Perkins Investment Management LLC (Perkins).