Is This Stock a Screaming Buy: J. Alexander’s Holdings, Inc. (:JAX)

Equity Research firms currently have a positive stance on shares of J. Alexander’s Holdings, Inc. (:JAX). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $14.00 on a short term basis.

At the time of writing, the stock was trading at $10.15. This represents a change from the opening price of 0.79%. In terms of performance, year to date, the stock is -7.42%. The monthly stock performance comes in at 0.20%. For the quarter, shares are performing at 2.22%. Weekly performance analysis shows the equity at 4.77%.

In taking a look at technical levels, shares are trading 3.28% away from the 50 day simple moving average and 1.73% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -16.12% away from it’s 52- week high and 19.13% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, J. Alexander’s Holdings, Inc.’s RSI stands at 54.23. In looking at volatility levels, the shares saw weekly volatility of 3.66% and 3.55% over the past month.

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