Juniper Networks stock trades under the ticker JNPR & has shown recent bullishness that traders & investors should look closer into.
JNPR stock closed at $28.21/share on 8/3/2022.
Juniper Networks JNPR Stock’s Technical Performance Broken Down
JNPR Stock Price: $28.21
10 Day Moving Average: $28.20
50 Day Moving Average: $28.89
200 Day Moving Average: $31.84
RSI: 47.5
MACD: -0.261
Yesterday, JNPR stock completed a bullish MACD crossover, closing just above its 10 day moving average.
Recent trading volumes have been about average compared to the yea prior, and their RSI is still neutral, signaling short-term uncertainty in their price while the market figures out their fair value.
They have support at the $27.79 & $27.33 price levels, while they try to break above the $28.95 & $29.37 resistance levels.
Juniper Networks JNPR Stock As A Long-Term Investment
Long-term oriented investors will like JNPR stock’s valuation metrics, with a P/E (ttm) of 23.48 & a 2.1 P/B (mrq).
They recently reported 8.3% Quarterly Revenue Growth Y-o-Y, with 82.9% Quarterly Earnings Growth Y-o-Y.
Their balance sheet also looks good, with $1.02B of Total Cash (mrq) & $1.81B of Total Debt (mrq).
JNPR stock pays a 2.96% dividend yield, which may not be sustainable in the long-run, as their payout ratio is 69.5%.
96.4% of JNPR stock’s outstanding share float is owned by institutional investors.
Juniper Networks JNPR Stock As A Short-Term Trade Using Options
Short-term focused traders can trade options to profit from price movements in any direction for JNPR stock, while protecting themselves from broader market volatility.
I am looking at the contracts with the 8/19 expiration date.
The $28, $27, $26 & $24 call options are all in-the-money, listed from highest to lowest levels of open interest.
The $29, $30 & $31 puts are also in-the-money, with the former being more liquid than the latter.
JNPR stock has weekly options expirations, so there may be more contracts written as other weekly expiration dates pass.
Tying It All Together
JNPR stock has many interesting elements that traders & investors are sure to like.
Investors will like their valuation metrics, balance sheet & dividend yield, but should dig in deeper to see how sustainable their dividend is in the long-run.
Traders will like their weekly option expirations & current technical performance amidst market volatilty.
All-in-all, it is worth taking a closer look into JNPR stock to see how it fits into your portfolio strategy.
*** I DO NOT OWN SHARES OF JNPR STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***