Janover (NASDAQ:JNVR) Stock Price Down 1.7%

Janover Inc. (NASDAQ:JNVR) shares dropped 1.7% during mid-day trading on Thursday . The stock traded as low as $0.60 and last traded at $0.61. Approximately 28,424 shares traded hands during trading, a decline of 82% from the average daily volume of 154,551 shares. The stock had previously closed at $0.62.

Janover Trading Down 6.1 %

The business has a 50-day moving average price of $0.76 and a 200 day moving average price of $1.04. The stock has a market capitalization of $6.33 million and a P/E ratio of -1.30.

Janover (NASDAQ:JNVR) last released its quarterly earnings data on Tuesday, May 14th. The company reported ($0.09) EPS for the quarter. Janover had a negative net margin of 211.51% and a negative return on equity of 88.39%. The business had revenue of $0.41 million for the quarter.

Institutional Investors Weigh In On Janover

A hedge fund recently bought a new stake in Janover stock. Perritt Capital Management Inc. bought a new position in Janover Inc. (NASDAQ:JNVR) in the first quarter, according to the company in its most recent filing with the SEC. The fund bought 38,901 shares of the company’s stock, valued at approximately $47,000. Perritt Capital Management Inc. owned 0.35% of Janover as of its most recent filing with the SEC. Institutional investors own 0.48% of the company’s stock.

About Janover

Janover Inc engages in the provision of commercial property financing solutions. It operates an online platform that connects commercial mortgage borrowers, including owners, operators, and developers of commercial real estate and small business borrowers, looking for capital to refinance, build, or purchase commercial properties, including apartment buildings with commercial property lenders, such as banks, credit unions, REITs, debt funds, multifamily lenders, and others looking to deploy capital into commercial mortgages.