JanOne Inc (NASDAQ: ALTS) stock enjoyed a major increase of 12.8% on 12/23/24. The shares closed at $4.33. Moreover, exceptionally high trading volume at 369% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 10.5% during the last week.
Current PriceTarget Research Rating
JanOne has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. JanOne has a very high Appreciation Score of 93 but a slightly negative Power Rating of 36, with the Positive Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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