J & J Snack Foods Corp (NASDAQ: JJSF) has recently enjoyed extremely meaningful positive changes in investment behavior: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and its shorter term price trend turned up.
Slight positive changes in fundamentals have recently occurred for J & J Snack Foods Corp (NASDAQ: JJSF): significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
JJSF is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
J & J Snack Foods has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. J & J Snack Foods has a poor Appreciation Score of 28 and a very low Power Rating of 14, producing the Lowest Value Trend Rating.
Recent Price Action
J & J Snack Foods Corp (NASDAQ: JJSF) stock closed at $162.61 on 5/9/24 after a modest decline of -1.0%. This decline was accompanied by normal trading volume. The stock has risen 18.6% during the last week but has been weak relative to the market over the last nine months.
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