Janus International Group (NYSE:JBI) Hits New 52-Week Low – Here’s Why

Janus International Group, Inc. (NYSE:JBI) hit a new 52-week low on Thursday . The company traded as low as $6.40 and last traded at $6.43, with a volume of 280502 shares changing hands. The stock had previously closed at $7.13.

Janus International Group Stock Performance

The company’s 50-day moving average price is $8.06 and its two-hundred day moving average price is $8.22. The company has a market cap of $919.74 million, a P/E ratio of 9.10 and a beta of 0.97. The company has a current ratio of 2.80, a quick ratio of 2.39 and a debt-to-equity ratio of 1.11.

Institutional Trading of Janus International Group

A number of large investors have recently added to or reduced their stakes in the business. FMR LLC lifted its position in shares of Janus International Group by 74.9% during the 4th quarter. FMR LLC now owns 14,544,033 shares of the company’s stock valued at $106,899,000 after acquiring an additional 6,227,738 shares during the last quarter. River Road Asset Management LLC lifted its holdings in shares of Janus International Group by 536.5% during the fourth quarter. River Road Asset Management LLC now owns 5,197,675 shares of the company’s stock valued at $38,203,000 after purchasing an additional 4,381,017 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Janus International Group by 31.0% in the 4th quarter. JPMorgan Chase & Co. now owns 9,332,406 shares of the company’s stock valued at $68,593,000 after purchasing an additional 2,207,140 shares during the period. Senvest Management LLC increased its stake in Janus International Group by 47.0% in the 4th quarter. Senvest Management LLC now owns 5,671,431 shares of the company’s stock worth $41,685,000 after purchasing an additional 1,812,602 shares in the last quarter. Finally, Cooke & Bieler LP raised its holdings in Janus International Group by 25.9% during the 4th quarter. Cooke & Bieler LP now owns 7,549,000 shares of the company’s stock worth $55,485,000 after buying an additional 1,551,545 shares during the period. 88.78% of the stock is currently owned by institutional investors.

About Janus International Group

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.