On 4/29/24, JanOne Inc (NASDAQ: JAN) stock suffered a major decline of -26.9%, closing at $3.73. Moreover, unusually high trading volume at 198% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -6.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, JAN is expected to continue to be a major Value Builder.
JanOne has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. JanOne has a very high Appreciation Score of 90 and a very high Power Rating of 99, resulting in the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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