Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for JanOne Inc (NASDAQ: ALTS) improved during the last several trading days. ALTS’ current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
JanOne Inc (NASDAQ: ALTS) stock closed at $3.84 on 12/20/24 after a major increase of 12.3%. Moreover, this advance was accompanied by above average trading volume at 133% of normal. The stock has risen 7.9% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
JanOne has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. JanOne has a very high Appreciation Score of 93 but a slightly negative Power Rating of 36, producing the Positive Value Trend Rating.
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