Alert: Major Price Advance (8/1/24)-JAKKS Pacific Inc (NASDAQ: JAKK).

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JAKKS Pacific Inc (NASDAQ: JAKK) stock closed at $24.37 on 8/1/24 after a major increase of 15.8%. Moreover, trading volume in this advance was exceptionally high at 624% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 24.3% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, JAKK is expected to continue to be an important Value Builder.

JAKKS Pacific has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. JAKKS Pacific has a good Appreciation Score of 82 but a very low Power Rating of 0, leading to the Negative Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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