Janover (NASDAQ:JNVR) Shares Up 21.7% – Here’s Why

Janover Inc. (NASDAQ:JNVRGet Free Report)’s share price shot up 21.7% during trading on Monday . The company traded as high as $20.30 and last traded at $20.21. 3,829,677 shares changed hands during mid-day trading, an increase of 1,593% from the average session volume of 226,172 shares. The stock had previously closed at $16.61.

Janover Stock Performance

The business’s 50 day moving average is $20.91 and its 200 day moving average is $28.80. The stock has a market cap of $31.93 million, a price-to-earnings ratio of -7.89 and a beta of -7.59.

Janover Company Profile

(Get Free Report)

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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