ALJ Regional Holdings, Inc. (NASDAQ:ALJJ) concluded the trading on Thursday, Oct 15, with a rise of 2.15% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $0.98 and 5Y monthly beta was reading 2.08 with its price kept floating in the range of $0.9400 and $1.2800 on the day. Company’s P/E ratio for the trailing 12 months is 0. Considering stock’s 52-week price range provides that ALJJ hit a high price of $1.46 and saw its price falling to a low level of $0.28 during that period. Over a period of past 1-month, stock came adding 10.49% in its value.
In contrast, when we review ALJJ stock’s current outlook then short term indicators are assigning it an average of 50% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 50% Buy for it.
In comparing ALJ Regional Holdings, Inc. (ALJJ)’s stock with other industry players reveals that stock’s latest price change of +2.15% and that of -22.48% over the past 12 months is in competing position with that of Posco ADR (PKX) which saw its stock price raised by 1.9% in the recent trading and went through a decline of -5.55% in past 12-month trading. Industry’s another major player Nucor Corp (NUE) has fell -0.24% down in latest trading session, but over the past year has faced a fall of -4.39%, while Arcelormittal (MT) is also up 2.15% however its price remained floating in the red at -22.48% over the same period. ALJ Regional Holdings, Inc. has a P/E ratio of 0 against that of Posco ADR’s 18.01 while Nucor Corp is showing 29.48 for the same. On the other hand, the S&P 500 Index was down -0.15% in the early deals while the Dow Jones Industrial was dealing lower at -0.07%.
Having a second look at ALJ Regional Holdings, Inc. (NASDAQ:ALJJ) provides that stock’s average daily trading volume for 3 months was 398.5 Million, while it jumped to 529.17 Million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock currently stood at 42.17 Million.
Data compiled by Thomson Reuters highlights that percentage of outstanding shares held by the insiders is 54.46% while it is 5.39% for the institutional holders. The figures also indicate that as of September 29, 2020, number of stock’s short shares was 23650000 which implies a short ratio of 0.31. This shows up a 0.06% of Short Interest in company’s outstanding shares on the day. In September the standing of shares short improved as it was 12.3 Million in the previous month. Drop of -13.04% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ worries about the stock as it is hinting a further drop.