Janone (NASDAQ:ALTS) Stock Price Down 5% – Here’s Why

Janone Inc. (NASDAQ:ALTSGet Free Report) shares were down 5% on Friday . The company traded as low as $6.58 and last traded at $6.60. Approximately 127,836 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 264,578 shares. The stock had previously closed at $6.95.

Janone Price Performance

The business’s 50-day simple moving average is $5.47 and its two-hundred day simple moving average is $3.37. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.75 and a quick ratio of 0.75.

Janone Company Profile

(Get Free Report)

ALT5 Sigma Corp. is a clinical-stage biopharmaceutical company, which engages in identifying, acquiring, licensing, developing, partnering, and commercializing novel, non-opioid, and non-addictive therapies to address the large unmet medical need for the treatment of pain and addiction. It operates under the Biotechnology and Recycling segments.

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