Juniper Networks stock trades under the ticker JNPR & has shown recent bullishness that traders & investors should research further into.
JNPR stock closed at $31.53/share on 2/16/2023.
Juniper Networks JNPR Stock’s Technical Performance Broken Down
JNPR Stock Price: $31.53
10 Day Moving Average: $31.16
50 Day Moving Average: $31.81
200 Day Moving Average: $29.51
RSI: 50.46
MACD: -0.123
Yesterday, JNPR stock completed a bullish MACD crossover, gaining 0.03% on the day’s session.
Recent trading volumes have been slightly above average compared to the year prior & their RSI is neutral after the stock has spent the last few months in a consolidation range.
Yesterday’s shooting star candlestick implies that there will be near-term weakness which will provide more favorable entries for investors & traders.
JNPR stock has support at the $31.41 & $31.16 (10 Day Moving Average), as they try to break out & above the $31.81 (50 Day Moving Average) & $31.88/share resistance levels.
Juniper Networks JNPR Stock As A Long-Term Investment
Long-term oriented investors will like JNPR stock’s valuation metrics, with a 22.05 P/E (ttm) & a 2.28 P/B (mrq).
They recently reported 11.5% Quarterly Revenue Growth Y-o-Y, with 35.7% Quarterly Earnings Growth Y-o-Y.
Their balance sheet looks decent upon first glance, with $1.09B of Total Cash (mrq) & $1.85B of Total Debt (mrq).
JNPR stock pays a 2.66% dividend, which appears to be sustainable in the long-run, with a 58.7% payout ratio.
92.2% 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 use options to profit from price movements in JNPR stock, while protecting their portfolios from volatility.
I am looking at the contracts with the 3/17 expiration date.
The $31, $30 & $28 call options are all in-the-money, listed from highest to lowest level of open interest.
The $32, $34 & $33 puts are also all in-the-money, with the former being more liquid than the latter strikes.
As they have weekly expirations, expect to see more contracts for this expiration date as the day draws nearer.
Tying It All Together
JNPR stock has many interesting attributes that traders & investors are sure to find appealing.
Investors will like their valuation metrics, balance sheet & dividend yield.
Traders will like their recent technical performance, as well as their weekly options expiration dates.
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 NOR OPTIONS POSITIONS IN JNPR STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***