ALJ Regional Holdings Inc. (NASDAQ:ALJJ) traded today at a new 52-week high of $1.85. Approximately 10 million shares have changed hands today, as compared to an average 30-day volume of 131,000 shares.
ALJ Regional Holdings Inc. (NASDAQ:ALJJ) defies analysts with a current price ($1.80) 28.9% above its average consensus price target of $1.28.
ALJ Regional Holdings Inc is a holding company that operates through its subsidiaries Faneuil, Carpets, and Phoenix. Faneuil, which is the key revenue driver, provides call center services and back-office operations, staffing services, and toll collection services. Carpets provide all types of flooring, countertops, cabinets, window coverings, and garage/closet organizers. Phoenix manufactures book components, educational materials, and related products producing value-added components, heavily illustrated books, and commercial specialty products using a broad spectrum of materials and decorative technologies.
In the past 52 weeks, ALJ Regional Holdings Inc. share prices are bracketed by a low of $0.28 and a high of $1.85 and is now at $1.80, 543% above that low price.
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