On 5/7/24, J & J Snack Foods Corp (NASDAQ: JJSF) stock enjoyed a major increase of 16.4%, closing at $160.47. Moreover, trading volume in this advance was exceptionally high at 342% of normal. Relative to the market the stock has been weak over the last nine months but has risen 17.5% during the last week.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. J & J Snack Foods has a poor Appreciation Score of 28 and a very low Power Rating of 14, and the Lowest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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