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Stock Technical Insights on Juno Therapeutics, Inc. (NASDAQ:JUNO)

July 24
10:35 2015

Juno Therapeutics, Inc. (NASDAQ:JUNO) (TREND ANALYSIS) shares were traded with no significant volume change. The stock closed last trading session at $51.65, up by 1.55%, with a volume of 2,109,316 shares against an average volume for the last 30 days of 2,759,802.

Stock Performance: Click here for a free comprehensive Trend Analysis Report

The company is currently valued at $4.75 billion and closed the last trading session at $51.65. The stock has 50-day moving average of $52.43.

Juno Therapeutics, Inc. (NASDAQ:JUNO) is currently trading 24.15% below its 52-week-high, 51.4% above its 52-week-low and in the range of $44.5-$64.35 over the past month. The 1-year range for the stock is $34.71-$69.28. Juno Therapeutics, Inc. (JUNO) has a price to book ratio of 13.23 versus Nasdaq average of 4.8. The company’s share price has underperformed the Nasdaq year to date by -1.24%.

Juno Therapeutics, Inc. (JUNO) current short interest stands at 4,850,389 shares. It has decreased by -18% from the same period of last month. Around 8.4% of the company’s shares, which are float, are short sold. With a 30-days average daily volume of 2,759,802 shares, the number of days required to cover the short positions stand at 1.2 days.

Stock Analyst Perspectives: Click here for a free Trend Analysis Report

There are currently seven analysts that we track that cover JUNO. Of those seven, four have a buy rating, three have a hold rating, and . On a consensus basis this yields to a Buy. The overall consensus target price stands at $64.2 which represents an upside of 22.17% from the last closing price of $52.55.

Indeed, Northland Securities Inc initiated coverage at outperform on July 21st, with a target price of $64, which represents an upside of 21.79% from the last closing price. Another research firm, Goldman Sachs, maintained their neutral stance on July 19th, with a target price of $51, which translates into a downside difference of -2.95%. Finally, Morgan Stanley maintained their In-Line stance on June 30th, with a target price of $54.

Company Profile

Juno Therapeutics Inc. operates as a clinical-stage biotechnology company. The Company focuses on developing immunotherapies for cancer and other research services.

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Alex Larose

Alex Larose

Alex Larose covers Large and Mid Cap stocks. He joined Markets Wired in 2013 and assumed lead coverage of the several sectors in early 2014.

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