Janover Inc. (NASDAQ:JNVR - Get Free Report) traded up 19.6% on Friday . The company traded as high as $53.88 and last traded at $42.50. 5,161,325 shares changed hands during trading, an increase of 2,494% from the average session volume of 198,942 shares. The stock had previously closed at $35.53.
Janover Stock Performance
The firm's 50-day moving average is $53.10 and its 200 day moving average is $21.50. The firm has a market capitalization of $35.06 million, a P/E ratio of -8.67 and a beta of -7.59.
Insider Buying and Selling at Janover
In other news, insider Blake Janover sold 738,632 shares of the stock in a transaction on Friday, April 4th. The shares were sold at an average price of $5.42, for a total transaction of $4,003,385.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 53.87% of the company's stock.
About Janover
(
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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.
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