Do Traders Think ALJ Regional Holdings, Inc. (ALJJ) Can Keep Climbing Monday?

Monday, January 24, 2022 09:47 AM | InvestorsObserver Analysts

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Do Traders Think ALJ Regional Holdings, Inc. (ALJJ) Can Keep Climbing Monday?

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?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 higher by 5.03% while the S&P 500 is down -1.59% as of 9:46 AM on Monday, Jan 24. ALJJ is higher by $0.09 from the previous closing price of $1.79 on volume of 30,487 shares. Over the past year the S&P 500 is higher by 12.26% while ALJJ is higher by 44.62%. ALJJ lost -$0.08 per share in the over the last 12 months. 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.