• Return to Headlines

Shares of Juniper Networks Has Fallen Below Previous 52-Week Low

By James Quinn

Juniper Networks (NYSE:JNPR) traded at a new 52-week low today of $24.07. Approximately 439,000 shares have changed hands today, as compared to an average 30-day volume of 3.1 million shares.

Over the past year, Juniper Networkshas traded in a range of $24.07 to $30.80 and are now at $24.07. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.2%.

Juniper Networks, Inc. provides internet infrastructure solutions for internet service providers and other telecommunications service providers. The Company offers network infrastructure solutions that includes IP routing, ethernet switching, security, and application acceleration solutions.

Juniper Networks (NYSE:JNPR) has potential upside of 8.2% based on a current price of $24.07 and analysts' consensus price target of $26.04. Juniper Networks shares should first meet resistance at the 50-day moving average (MA) of $26.53 and find additional resistance at the 200-day MA of $27.06.

SmarTrend is monitoring the recent change of momentum in Juniper Networks. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Juniper Networks in search of a potential trend change.

Keywords: 52 week high/lows Juniper Networks

Ticker(s): JNPR