ALJ Regional Holdings, Inc. (ALJJ) Stock: What Does the Chart Say Thursday?

Thursday, September 08, 2022 01:47 PM | InvestorsObserver Analysts

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ALJ Regional Holdings, Inc. (ALJJ) Stock: What Does the Chart Say Thursday?

The market has been high on ALJ Regional Holdings, Inc. (ALJJ) stock recently. ALJJ gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

ALJ Regional Holdings, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ALJJ!

See Full ALJJ Report

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With ALJJ Stock Today?

ALJ Regional Holdings, Inc. (ALJJ) stock is trading at $1.74 as of 1:46 PM on Thursday, Sep 8, a rise of $0.13, or 8.07% from the previous closing price of $1.61. The stock has traded between $1.58 and $1.75 so far today. Volume today is 211,436 compared to average volume of 199,537. To screen for more stocks like ALJ Regional Holdings, Inc. click here.

More About ALJ Regional Holdings, Inc.

ALJ Regional Holdings Inc is a holding company that operates through its subsidiaries Faneuil and Phoenix. Faneuil, which is the key revenue driver, provides call center services and back-office operations, staffing services, and toll collection services. Phoenix manufactures book components, educational materials, and related products producing value-added components, heavily illustrated books, and commercial specialty products using a broad spectrum of materials and decorative technologies. Click Here to get the full Stock Report for ALJ Regional Holdings, Inc. stock.