Janus Capital Group Inc (JNS) has been under a strong bear grip, hence the stock is down -1.12% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.17% in the past 1 week. The stock has risen by 0.14% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.74% in the past 4 weeks.
Janus Capital Group, Inc. is up 3.78% in the last 3-month period. Year-to-Date the stock performance stands at 6.84%. The stock has recorded a 20-day Moving Average of 0.08% and the 50-Day Moving Average is 1.93%.
Janus Capital Group Inc (NYSE:JNS): The stock opened at $14.65 on Friday but the bulls could not build on the opening and the stock topped out at $14.76 for the day. The stock traded down to $14.62 during the day, due to lack of any buying support eventually closed down at $14.71 with a loss of -0.07% for the day. The stock had closed at $14.72 on the previous day. The total traded volume was 659,827 shares.
Also, Equity Analysts at the Brokerage Firm, Citigroup, maintains their rating on the shares of Janus Capital Group Inc (NYSE:JNS). Citigroup has a Neutral rating on the shares. As per the latest research report, the brokerage house raises the price target to $15 per share from a prior target of $14. The rating by the firm was issued on July 27, 2016.
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).